Banks Q1 net up 24 percent on higher interest income

The Financial Supervisory Service (FSS) / Yonhap South Korean banks saw their first-quarter net profit rise 24 percent from a year earlier on higher interest and non-interest income, preliminary data showed Friday. Their combined net profit came to 7 trillion won ($5.4 billion) in the January-March period, up from 5.6…Read More

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