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As interest rates fluctuate, financial companies’ bond valuation snowballs, securities companies’ net profits halved… Insurance company RBC ‘tuk-tuk’

A warning light has been lit on the financial soundness of financial institutions due to a surge in bond yields. It is pointed out that the actual cash-generating ability of financial institutions is not impaired, but the sharp rise in interest rates and the deterioration of various financial indicators may lead to an increase in financial procurement costs.

▶NH Investment, net profit 60%↓

Reference-www.mk.co.kr

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