Kakao Bank reports 9.1 pct rise in Q1 net profit

SEOUL, Online lender Kakao Bank said Wednesday its net profit rose 9.1 percent on-year to 111.2 billion won (US$81.8 million) in the first quarter, thanks to robust sales of home-backed loans.

Operating profit rose 8.8 percent won to 148.4 billion w…

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