This year, the Financial Supervisory Service will collect a total of 353.5 billion won from banks, securities firms, insurers, and other financial companies as supervision contributions. The supervision contribution is money the Financial Supervisory Service receives from financial companies each year for providing examination and supervision services. Among financial companies, banks pay the most in contributions, and their contribution rate rose slightly from last year, increasing their burden.
According to the financial sector on the 16th, the Financial Supervisory Service will send out the "2026 supervision contribution notice" to each financial company this month, detailing the contribution rates and amounts. Financial companies must pay by the 31st of this month. As this year's Financial Supervisory Service budget was set at 479 billion won, up 6.71% from a year earlier, the amount financial companies must shoulder has also increased.
For financial holding companies, the rate was set at 0.019% of this year's operating revenue. That is a slight decrease from last year's 0.0206%. Banks, which pay the most in supervision contributions in the financial sector, will pay 0.00393% of total liabilities, up slightly from 0.00385% a year earlier. Banks are known to pay around 100 billion won in supervision contributions each year.
For virtual asset exchanges, which paid the supervision contribution for the first time last year, the rate was set at 0.376% of this year's operating revenue. That is about 40% lower than last year's 0.609%. However, as the virtual asset industry, including Dunamu (Upbit) and Bithumb, achieved record revenue last year, the supervision contributions are not expected to decline.
In the financial investment sector, including securities firms and asset managers, companies must pay 0.750% of total liabilities and 0.0177% of operating revenue as contributions. The financial investment sector set the supervision contribution as the sum of 0.000075% of total liabilities and 0.0177% of operating revenue.
The Financial Supervisory Service collects supervision contributions from each financial company under the name of supervision and examination, and they are so significant that they account for more than 70% to 75% of the total Financial Supervisory Service budget. Of this year's Financial Supervisory Service budget, 353.5 billion won (73.8%) is supervision contributions. The supervision contribution has increased every year, from 287.2 billion won in 2022 to 298 billion won in 2023, 302.9 billion won in 2024, and 330.8 billion won last year.