Bank KB Bukopin, the Indonesian subsidiary of Korean lender KB Kookmin Bank, has continued its loss-making run in the first half of the year, with its losses reaching over 1.49 trillion rupiah ($98.1 million) as of the end of May, according to data Wednesday. It also showed a notable surge from the loss of 26.82 billion rupiah recorded in the first quarter, indicating a dramatic increase in losses over just the two-m.
ch-aviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ch-aviation.com Daily Mail and Mail on Sunday newspapers.
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KB Kookmin Bank s plan to increase capital in its Indonesian subsidiary, Bank KB Bukopin, is proceeding smoothly following recent approval from Indonesian financial authorities. KB Kookmin Bank anticipates that this subsidiary will start generating profits by 2025.