KB Financial Posts Loss as Provisions for Soured Construction Loans Rise -

Jul 30, 2010

KB Financial Posts Loss as Provisions for Soured Construction Loans Rise

KB Financial Group Inc. , owner of South Koreas largest bank, reported an unexpected loss in the second quarter as it set aside more provisions against bad loans for construction projects.

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KB Financial Posts Loss as Provisions for Soured Construction Loans Rise

Category: Business & Finance

Tagged: against-bad, financial, Financial Group, largest-bank, loans-for, more-provisions, set-aside, south, South Koreas, the-second

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