- The document is IBK's 2Q11 earnings release which reports financial results such as net income, total assets, and other key metrics.
- Net income for 2Q11 was KRW 480.9 billion, a 6.1% decrease from 1Q11. Total assets increased to KRW 188.5 trillion as of 2Q11.
- Non-interest income decreased 45.9% from 1Q11 to KRW 135.9 billion in 2Q11 mainly due to lower securities gains, while net interest income rose 3.1% and net provisioning fell 55%.
São Paulo, August 10, 2010 – Banco Indusval S.A., financial institution with activities primarily focused on middle market enterprises lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the second quarter and half year 2010 (2Q10 and 1H10).
São Paulo, August 10, 2010 – Banco Indusval S.A., financial institution with activities primarily focused on middle market enterprises lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the second quarter and half year 2010 (2Q10 and 1H10).
São Paulo, February 23, 2011 – Banco Indusval S.A., financial institution with activities primarily focused on corporate lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the forth quarter 2010 (4Q10) and fiscal year 2010 (2010).
São Paulo, February 23, 2011 – Banco Indusval S.A., financial institution with activities primarily focused on corporate lending, operating in the Brazilian market for over 40 years, listed at the Stock, Commodities and Futures Exchange - BM&FBOVESPA under tickers IDVL3 and IDVL4, announces its financial results for the forth quarter 2010 (4Q10) and fiscal year 2010 (2010).
2. Disclaimer
• 2Q11 Financial Statements have been prepared IAW K-IFRS.
• The operating results presented herein have not yet received a complete and full review
by the external auditor and the Board of Directors, and may be subject to change in
the due course of further process.
• This document contains certain financial information and results of operation, and may
also contain projections, plans, strategies, and objectives of the Industrial Bank of Korea
(“IBK”), which are not statements of historical facts but would be treated as forward-
looking statements within the meaning of applicable laws. Forward-looking statements
are subject to risks and uncertainties that may cause actual events and IBK’ further
s
results to be materially different than expected or indicated by such statements. No
assurance can be given that the results anticipated by IBK, or indicated by any such
forward-looking statements will be achieved.
• Some of the totals may not sum due to the rounding.
3. CONTENTS I Financial Highlights
II Profitability
III Loans ∙ Deposits
IV Asset Quality
V Capital Adequacy
VI Appendix