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Why Are Banks Reporting Record-Breaking Profits in Their History?

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In just nine months, numerous banks have reported profits far exceeding their annual targets, with some achieving their highest earnings in the history of their operations.

Latest Interest Rate Forecast: Savings and Loan Rates Poised to Rise in Q4

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According to KB Securities, several banks have recorded credit growth exceeding 20% in the first nine months of the year, which could put upward pressure on deposit interest rates. Lending interest rates at many banks have stabilized in recent months, following a significant downward adjustment since the beginning of the year.

Q3 Financial Results of Banks by October 28: Updates on OCB, SeABank, Saigonbank, BVBank,...

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On October 28th, several banks announced significant pre-tax profit growth for the first nine months of the year.