Kakaobank Corp.KRX: 323410

KakaoBank: Record Q3 profit, strong SOHO loan growth, stable credit costs, and international expansion

· Issued by Kakaobank Corp.

Q3 2024 saw record operating profit and continued growth in customer base, deposits, and SOHO loans. Platform and fee revenues rose, while credit costs and delinquency rates remained stable. Expansion in Indonesia and plans for Thailand signal ongoing international growth.

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