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KB Financial Group's Q2 Net Profit Hits Record High
KB Financial Group reported a record-high net profit of 1.99 trillion won (US$1.36 billion) in Q2, up 14.6% year-on-year, driven by increased interest and non-interest income. Its flagship unit, KB Kookmin Bank, saw a 3.2% decline in net profit due to higher loan-loss reserves.
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