RPT-S.Korea KEB aims for slight rise in 2008 profit

Sun Feb 17, 2008 9:13pm EST
 
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SEOUL, Feb 18 (Reuters) - Korea Exchange Bank (KEB) (004940.KS: Quote, Profile, Research, Stock Buzz), the country's sixth-largest lender, said on Monday it was targeting 1 trillion won ($1.06 billion) net profit in 2008, larger than the previous year's 947.1 billion won.

The goal also compared with an average forecast of 950.1 billion won according to Reuters Estimates.

The bank is majority-owned by U.S. private equity house Lone Star [LS.UL].

($1=944.7 Won)

(Reporting by Kim Yeon-hee; Editing by Keiron Henderson)

 

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