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KOREA EXCHANGE BANK'S 2007 EARNINGS FALL 5.9 PCT.
SEOUL, Feb 1 Asia Pulse - Korea Exchange Bank (KSE:004940), South Korea's fifth-largest lender, said Friday its earnings for 2007 declined 5.9 per cent from a year earlier, due mainly to higher provisions against risky loans.
Net income amounted to 947.1 billion won (US$1 billion) last year, compared with 1 trillion won the previous year, the lender said in a regulatory filing.
Sales gained 10 per cent year-on-year to 8.79 trillion won ...
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Source: HighBeam Research, KOREA EXCHANGE BANK'S 2007 EARNINGS FALL 5.9 PCT.