Korea's Hana Financial suffers Q4 net loss

Hana Financial posted a net loss of 66 billion won or US$60.6 million in the October-December period.

South Korea's No. 3 banking group was  hit by squeezed profit margins and higher loan-loss reserves.

This is a turnaround from a net profit of 148.2 billion won the previous year, said the group in a regulatory filing.

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