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Bank Earnings, First Quarter 2020

May 13, 2020

Domestic banks preliminarily reported net income of KRW3.2 trillion for the first quarter of 2020, down KRW0.7 trillion or 17.8% from the same period a year earlier. When it came to operating income, loan loss expenses particularly grew KRW0.3 trillion from a year ago. Meanwhile, in case of non-operating income, subsidiary-related income decreased by KRW0.4 trillion during the same period.