Korean bank holding firms' first half net more than doubles
South Korea's central bank
Seoul - Yonhap
Earnings by South Korea's bank holding companies more than doubled in the first half of the year from a year earlier, largely due to a fall in loan-loss reserves and gains from asset sales and securities holdings, the financial watchdog said Monday.
The combined net profit of 11 local bank holding firms on a consolidated basis stood at 4.95 trillion won (US$4.75 billion) in the January-June period, up 2.59 trillion won from the previous year, according to the Financial Supervisory Service (FSS).
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Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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