IBK Industrial Bank, Q3 Cumulative Net Profit of 1.1876 Trillion KRW... 13.2% Decrease
[Asia Economy Reporter Park Sun-mi] IBK Industrial Bank announced on the 27th that its consolidated cumulative net profit including subsidiaries for the third quarter of this year reached 1.1876 trillion KRW, a 13.2% decrease compared to the same period last year.
IBK Industrial Bank's standalone net profit, excluding subsidiaries, recorded 976.4 billion KRW.
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The outstanding balance of SME loans increased by 19.9 trillion KRW (12.2%) compared to the end of last year and by 6.1 trillion KRW (3.4%) compared to the previous quarter, reaching 182.6 trillion KRW. The market share rose by 0.4 percentage points from the end of last year to 23.0%.
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