KB Fin exec revises Q4 NIM rise fcast down slightly
Published: 28 Oct 2009 23:20:28 PSTSEOUL, Oct 29 - South Korea's KB Financial Group <105560.KS> <KB.N> expects its net interest margin (NIM) to climb to 2.5 percent in the current quarter versus 2.2 percent in the third, an executive said on Thursday.
"We expect NIM to hit 2.5 percent by year end," Kap Shin, KB Financial CFO, told a conference call with investors.
The comment compared with Shin's forecast in late July that NIM would increase to close to 2.7 percent in the fourth quarter.
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