Seoul

Location · 1340 published stories · 94 outlets · All places

Banks' net income falls in H1; interest profit hits record high: data

South Korean banks saw net profits fall 6.4% on-year in the first half of 2026 to 13.8 trillion won, even as interest income hit a record high of 32.2 trillion won. The drop was driven by a sharp decline in non-interest income, which fell 43.4% after KOSPI-linked losses swung to a 2.5 trillion won deficit. The financial regulator flagged external risks and vowed to strengthen monitoring of banks' loss-absorption capacity.

2 outlets · 3 articles 2d ago