Bank Holding Firms’ Interest Income Soars 15 pct in 2021 amid Rising Rates

SEOUL, Feb. 14 (Korea Bizwire) — Four financial holding firms in South Korea saw their interest income surge nearly 15 percent in 2021 thanks to rising lending rates, industry data showed Monday. The combined interest income of the four holding companies — KB Financial Group Inc., Shinhan Financial Group Co., Hana Financial Group Inc. and [...]