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Top News In Shinhan Indonesia Today - Breaking & Trending Today

Banks woo younger generation with pop-up stores and digital wallet

Banks are striving to appeal to younger customers by reshaping their image to appear more youthful and dynamic, launching pop-up stores and user-friendly mobile payment systems. The efforts come as they have to compete with fast-growing internet-only banks. ....

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Shinhan Financial Group Q2 net profit down 3.7% to $997.3 mil.

Shinhan Financial Group on Thursday reported its second-quarter net income fell more than 3 percent from a year earlier on increased allowance for bad debt. ....

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KB beats Shinhan in 1st half earnings, keeping top position

KB Financial Group outperformed Shinhan Financial Group in first-half net profits on the back of increased interest revenues and the solid growth of non-banking affiliates, regulatory filings from the two companies showed Thursday. ....

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Financial groups support flood damage recovery

As heavy monsoon rain wreaks havoc across the country, leaving many reports of casualties and injuries, financial groups here are rolling up their sleeves to support those hit by the flood damage. They have donated billions of won for faster restoration, and are offering emergency loans to customers in need. ....

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Foreign exodus aggravates outlook on Korean financial stocks

Large-cap financial stocks are extending lukewarm performances as foreign investors have dumped their shares en masse amid expectations of an overall earnings slowdown in the financial industry here, analysts said Tuesday. Shares of major financial firms displayed a sharp rally early this year after reporting record profits in 2022. The unprecedentedly hawkish cycle of rate hikes enabled them to profit on massive interest margins throughout last year. ....

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