Driven by the expansion of digital banking, offline bank branches are rapidly decreasing. [Image = Korea Business Review DB]

Domestic bank branches fell from 7,278 at the end of 2015 to 5,534 by the end of September 2025, with approximately 24% disappearing over a 10-year period.  

The Shock in Numbers: 1,486 Branches Evaporated Over 10 Years

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The number of domestic bank branches peaked at 7,836 in 2012, but subsequently dropped below 7,000 in the fourth quarter of 2017 and below 6,000 in the third quarter of 2022, continuing a downward trend every quarter. According to data compiled by the Financial Supervisory Service, offline branches operated by 20 domestic banks shrank to 5,534 as of the end of September 2025.