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KakaoBank gears up for expanding loan business portfolio

KakaoBank, the nations leading internet-only lender, has pledged to expand its loan sales portfolio and attain double-digit growth in its lending business, as part of its key business strategy for 2023, the company said Wednesday, after reporting brisk earnings. According to its regulatory filing, the company posted a record operating profit of 353.2 billion won ($280.58 million) in 2022.
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