Bank's net profit in Q3 is around KRW 6 trillion...Interest income is also reduced.

In the third quarter of this year, the bank's net income and interest income both fell from the previous quarter.

According to the "3rd quarter of domestic bank business performance" released by the Financial Supervisory Service today (19th), the net profit was 6.2 trillion won.

It is 1 trillion won lower than the second quarter, but 1.8 trillion won higher than the same period a year ago.

Domestic banks' interest income in the third quarter was 14.6 trillion won, down 300 billion won from the previous quarter and 200 billion won from the same period a year ago.

The FSS explained that interest income assets increased in the third quarter, but net interest margins fell sharply as the gap between deposit and deposit interest rates decreased.