[Graphic News] Credit card firms’ H1 net dips on decline in commission fees

Published: 10/09/2019
[Graphic News] Credit card firms’ H1 net dips on decline in commission fees
Source: WWW.KOREAHERALD.COM

 South Korea’s credit card firms saw their combined earnings fall in the first half, hit by a decline in credit card processing fees, data showed.  The combined net profit of eight card issuers, including Shinhan Card, Samsung Card and KB Kookmin Card, came to 940.5 billion won ($789 million) in the January-June period, down 2.7 percent from a year earlier, according to data released by the

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