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Korea Development Bank FY'15 profit jumps 136.4% YOY

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Korea Development Bank FY'15 profit jumps 136.4% YOY

KoreaDevelopment Bank said its consolidated net profit for the full yearended Dec. 31, 2015, jumped 136.4% year over year.

Profit attributable to owners rose to 1.736 trillion won from734.21 billion won in 2014. EPS for the period rose to 519 won from 395 won,according to a report obtained April 8.

Net interest income for the period increased year over yearto 2.251 trillion won from 2.141 trillion won in 2014. Net fees and commissionincome rose to 622.53 billion won from 587.50 billion won.

The bank's BIS capital adequacy ratio was 14.16% as of Dec.31, 2015, up from 13.48% in the prior-year period. Its Tier 1 capital ratio forthe period rose year over year to 12.23% from 11.68%, while its common equityTier 1 ratio rose to 11.58% from 10.81%.

As of April 11, US$1was equivalent to 1,144.00 South Korean won.