KEB aims to increase its profits in Mideast, Europe

Home > Business > Industry

print dictionary print

KEB aims to increase its profits in Mideast, Europe

Korea Exchange Bank (KEB) President Kim Han-jo on Saturday announced his plans at the bank’s London office to increase competitiveness in Europe and the Middle East.

According to the bank, the plan is part of a larger scheme to reach Hana Financial Group’s goal of raising its overall profits made from overseas businesses to 40 percent by 2025 from about 18 percent currently.

KEB has 90 branch locations across the globe including nine in Europe and the Middle East. The profits made in the two regions account for 15 percent of all of the bank’s overseas business.

The loan businesses in the regions account for 23 percent.




More in Industry

Robofork

Big business recoils at new legal legislation

Hyundai Mobis has developed a hydrogen-powered forklift

Asiana adapts passenger plane to carry more cargo

Eastar Jet CEO threatens to sue pilot union for libel

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now