korean banks earnings likely to rise 40 this year
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Korean banks earnings likely to rise 40% this year

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Emiratesvoice, emirates voice Korean banks earnings likely to rise 40% this year

Seoul - Yonhap

South Korean banks' earnings are likely to increase about 40 percent this year from a year earlier on the back of economic recovery, the Korea Institute of Finance (KIF) said Wednesday. Korean banks are expected to log a combined net profit of 7.4 trillion won (US$6.93 billion) this year, compared with an estimate of 5.3 trillion won the previous year, according to the think tank.

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