Operating income increased over the preceding year same period with growing earnings from financial instruments and derivatives and dividend income though interest revenue decreased slightly.Two-digit outstanding profitability is maintained though the first-half net profit decreased from the preceding year same period with increased write-off of doubtful accounts of loans and other financial assets.Capital buffer force is solid while 58.78% net worth ratio is posted for 1st quarter in June 2011. Current-level operating income will be maintained with growth of loan assets though business conditions may degrade due to financial market volatility.Burden for improving revenue structure continues with reduced earnings base and growing write-off expenses as slow real estate market continues.Negative impact is feared on asset soundness due to rising default rate.
Seolin Bldg., 88, Seorin-dong, Jongno-gu, Seoul
Seoul; Seoul; Postal Code: 110790
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