Banks report 11% drop in net income in first half of the year
Published: 22 Aug. 2024, 17:48
A person walks past a bank of ATM booths in Yongsan District, central Seoul, on Thursday.
Bank earnings for the first half of the year totaled 12.6 trillion ($9.4 billion), down 1.5 trillion or 11 percent from a year ago, according to the Financial Supervisory Service. The income of national banks decreased, but that of regional and internet-only banks logged an increase.
with the Korea JoongAng Daily
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