Japan bank SMFG’s annual profit misses view, flags virus costs in current year
Sumitomo Mitsui Financial Group
, Japan’s second largest lender by assets, reported on
Friday a smaller than expected full-year net profit and flagged
450 billion yen ($4.20 billion) of credit-related costs this
year amid the coronavirus outbreak.
, Japan’s second largest lender by assets, reported on
Friday a smaller than expected full-year net profit and flagged
450 billion yen ($4.20 billion) of credit-related costs this
year amid the coronavirus outbreak.
Posted by Reuters
