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KOREAN BANKS SEEKING REAL PROFITS BY TARGETING PROFESSIONALS.

Publication: AsiaPulse News
Publication Date: 10-FEB-03
Format: Online - approximately 549 words
Delivery: Immediate Online Access

Article Excerpt
SEOUL, Feb 10 Asia Pulse - Korean banks are searching for new revenue sources as they face difficulties in raking in profits with current ways of lending money to households and companies, financial sources said yesterday.

So they focus on luring new customers such as professional people and those operating SOHO (small office and home office) shops as new revenue sources.

They are also supporting businesses capable of obtaining fees such as private banking (PB) services and the sale of profitable...

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