TABLE-Korea Exchange Bank Q3 net profit surges

Tue Nov 3, 2009 1:10am EST
 
[-] Text [+]
 Nov 3 (Reuters) - Three months to Sept 30, 2009
                   (in billions of won unless specified)
                         Q3 2009          Q3 2008
 Net profit                   422.1            150.9
 Operating profit             230.0            175.3
 Revenue                    3.25 trln        6.08 trln
  Note: Korea Exchange Bank (KEB) (004940.KS) is South Korea's
sixth-largest lender, 51.02 percent owned by U.S. investment firm
Lone Star [LS.UL]. KB Financial Group (105560.KS), the parent
company of top domestic bank Kookmin, reiterated its interest in
KEB last week when it reported quarterly earnings. The CEO of
state-owned Korea Development Bank Min Euoo-sung also did not
deny its interest in KEB on Monday, saying the bank was looking
at acquisition targets to boost its deposit base.
(Reporting by Rhee So-eui and Marie-France Han ; Editing by
Jonathan Hopfner)




 

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