2023-08-29 03:35
S. Korean banks' Q2 net profit unchanged from 3 months earlier
banks-Q2 earnings S. Korean banks' Q2 net profit unchanged from 3 months earlier SEOUL, Aug. 29 (Yonhap) -- South Korean banks' second-quarter net profit was flat from the previous quarter as an increase in the Korea Development Bank's (KDB) net profit offset a decline in ordinary banks' net profit, preliminary data showed Tuesday. The combined net profit of 20 banks in the April-June period was 7.1 trillion won (US$5.4 billion), unchanged from the first three months of this year, according to the Financial Supervisory Service (FSS).

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