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S. Korea's 4 Major Banks' Interest Earnings Up 10%

Written: 2018-10-28 14:06:28Updated: 2018-10-28 14:07:44

S. Korea's 4 Major Banks' Interest Earnings Up 10%

Photo : YONHAP News

South Korea's four leading banks earned 16-point-seven trillion won from interest earnings alone this year.
 
According to regulatory data released by lenders on Sunday, KB Kookmin Bank, Shinhan Bank, Woori Bank and KEB Hana Bank earned a combined 16-point-76 trillion won in interest during the first nine months of the year.
 
The figure represents over a ten percent on-year increase.
 
Of the four banks, KB Kookmin placed in the top spot earning four-point-five trillion won, followed by Woori, Shinhan and KEB Hana.
 
If the current pace continues, the total for the whole year is expected to surpass the 20 trillion-won mark.

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