S.Korea KB Fin expects quick margin recovery in Q4

SEOUL, July 30 (Reuters) - KB Financial Group (105560.KS), which runs South Korea's largest bank Kookmin, said on Thursday its net interest margin (NIM) would stage a quick rebound in the fourth quarter after steep falls through the first half.

"NIM will recover gradually in the third quarter and make a recovery at a fast pace from the fourth quarter, close to the level of 2.7 percent," KB Financial CFO Kap Shin told a conference call with investors.

Kookmin Bank, which accounts for 90 percent of group assets, shaved 54 basis points off its net interest margin (NIM) to 2.16 percent in the second quarter from the first.

(Reporting by Kim Yeon-hee; Editing by Jonathan Hopfner)