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INDUSTRIAL BANK OF KOREA EYES DOUBLE NET PROFIT IN 5 YEARS.
SEOUL, Aug 1 Asia Pulse - Industrial Bank of Korea plans to double its net profit, assets and market value in five years by boosting its lending to small and medium-sized businesses, the lender's head said Tuesday.
The state-owned bank plans to double its earnings to 2 trillion won (US$2.1 billion), assets to 200 trillion won and market capitalization to 20 trillion won by 2011, said IBK's president Kang Kwon-suk in a speech to mark the bank's 45th anniversary.
"When the bank has its 50th anniversary, it should have become one of the major banks globally," Kang said. "It's difficult to achieve, but is not something that is impossible."
To that end, the ...
- UAE: EMIRATES INDUSTRIAL BANK POSTS NET PROFIT.
- Newspaper article from: IPR Strategic Business Information Database July 20, 2000 700+ words
...18, 2000), a rise in interest income and a decline fall in interest expenses caused the Emirates Industrial Bank (EIB) to post a net profit of DH16.5 million for the first half of 2000. This constituted a 68.4 percent increase over the...
- (LEAD) Industrial Bank of Korea Expects Net Profit of 600 Bln Won.
- News wire article from: YON - Yonhap News Agency of Korea February 17, 2005 700+ words
...Feb. 17 (Yonhap) -- State-run Industrial Bank of Korea said Thursday it expects to see a net profit of 600 billion won (US$584.4 million...it said in a public disclosure. "Net profit in 2004 surged 65 percent year-on...
- INDUSTRIAL BANK OF KOREA Q4 NET PROFIT PLUNGES 89PCT.(Financial report)
- News wire article from: AsiaPulse News February 12, 2009 700+ words
...12 Asia Pulse - The state-owned Industrial Bank of Korea (IBK) said Thursday it fourth...regulatory filing. For all of 2008, net profit fell 34.3 per cent on-year to 767...said. The fall in fourth-quarter net profit is attributable to increasing reserves...
- (2nd LD) Industrial Bank of Korea Expects Net Profit of 600 Bln Won.
- News wire article from: YON - Yonhap News Agency of Korea February 17, 2005 700+ words
...Feb. 17 (Yonhap) -- State-run Industrial Bank of Korea said Thursday it expects to see a net profit of 600 billion won (US$584.4 million...it said in a public disclosure. "Net profit in 2004 surged 65 percent year-on...
- Industrial Bank of Korea doubles net profit in 1st half.
- News wire article from: YON - Yonhap News Agency of Korea July 25, 2005 700+ words
SEOUL, July 25 (Yonhap) -- Industrial Bank of Korea said its earnings more than doubled in the first half from a year earlier, helped by reduced cost. Net profit in the January-June period reached 423.9 billion won (US$413.7 million...
- INDUSTRIAL BANK OF KOREA DOUBLES NET PROFIT IN 1ST HALF.
- News wire article from: AsiaPulse News July 25, 2005 700+ words
SEOUL, July 25 Asia Pulse - Industrial Bank of Korea said its earnings more than doubled in the first half from a year earlier, helped by reduced cost. Net profit in the January-June period reached 423.9 billion won (US$413.7 million...
- INDUSTRIAL BANK OF KOREA'S NET PROFIT SURGES 116 PCT IN 1ST HALF.
- News wire article from: AsiaPulse News July 28, 2004 700+ words
SEOUL, July 28 Asia Pulse - The Industrial Bank of Korea (KSE:024110) posted a net profit of 205.1 billion won (US$175.59 million) in the first half of the year, up 116.6 per cent from a year earlier, the...
- Industrial Bank of Korea's Net Profit UP 116 Percent 1st Half.
- News wire article from: YON - Yonhap News Agency of Korea July 28, 2004 700+ words
SEOUL, July 28 (Yonhap) -- The Industrial Bank of Korea posted a net profit of 205.1 billion won (US$175.59 million) in the first half of the year, up 116.6 percent from a year earlier, the bank...