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US rate hike worries boosting Korean bank stocks


US rate hike worries boosting Korean bank stocks
Posted : 2021-05-06 16:37
Updated : 2021-05-06 18:32
Bank of Korea Governor Lee Ju-yeol attends a monetary policy board meeting at its headquarters in Seoul, April 15. Yonhap
By Lee Min-hyung
Korean bank stocks went on an unusual bullish run Thursday on expectations their profit bottom lines will see a boost following recent warnings by the U.S. treasury secretary over possible rate hikes.
Bank stocks have made few headlines here as their profit structures are simple, dull and focused on the local market, compared to other stocks particularly in the areas of IT and biotechnology. Only a few ― mostly older ― people invest in financial stocks simply to make a short-term profit. Most investors prefer bank stocks stable performance and regular dividend offerings. ....

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KB Financial Group Inc (KB) Q1 2021 Earnings Call Transcript


KB Financial Group Inc (KB) Q1 2021 Earnings Call Transcript
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KB Financial Group Inc (NYSE: KB)
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Head of Investor Relations
Greetings. I am Peter Kwon, Head of IR at KB Financial Group. We will now begin the 2021 Q1 Earnings Release Presentation.
I would like to express my gratitude to everyone for your participation. We have here with us at today s earnings release, KBFG SEVP, Hwan Ju, who is our Group CFO, as well as other executives from the Group. We will first hear SEVP Hwan Ju s presentation on 2021 Q1 major business highlights, and then we will engage in a Q&A session. ....

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