Financial institutions' dormant asset refund results to be disclosed every end of March — dormant financial assets of 1.5 trillion won
Source material is a Korean government announcement (in Korean).
Financial authorities said they will disclose, every year by the end of March, each financial institution's dormant asset refunds and balances across all sectors including banks, securities and insurance.
Key facts
| What will be disclosed | Each financial institution's dormant asset refunds, dormant asset balance and long-term inactive asset balance |
|---|---|
| When and how | Prior-year figures, every year by the end of March, on the websites of each financial sector's association or central federation |
| Sectors covered | All sectors, including banks, securities, insurance, savings banks and mutual finance |
| Size of dormant financial assets | 1.5 trillion won |
| Follow-up by associations | By the end of 2026, revise financial consumer protection best-practice standards and other rules, and work to add menus to their websites and set up systems |
Last checked:
Financial authorities announced on 28 September improvement measures to disclose dormant asset refund results by financial institution and to strengthen the management system for dormant assets. Each institution's dormant asset refunds, dormant asset balance and long-term inactive asset balance, across all sectors including banks, securities, insurance, savings banks and mutual finance, are to be disclosed every year by the end of March through the websites of each sector's association or central federation. Dormant financial assets were stated to amount to 1.5 trillion won.
Summaries below are factual notes based on government announcements and primary sources — not evaluations or opinions.
FAQ
Where can dormant asset refund results be viewed?
They are to be disclosed every year on the websites of each financial sector's association or central federation.
When will they be disclosed?
Prior-year figures are to be disclosed for each individual financial institution every year by the end of March.