Banks Log Record Interest Income Through Sept. on Rising Rates
SEOUL, Nov. 17 (Korea Bizwire) — Banks in South Korea earned record net interest income in the first three quarters of the year, helped by sharp rate hikes by the central bank, data showed Thursday. Their interest revenue in the January-September period stood at a combined 40.6 trillion won (US$30.3 billion), up 6.9 trillion won [...]