South Korea\'s government and financial sector will expand their productive finance supply plan for the next five years to 1,560 trillion won, up 310 trillion won from 1,250 trillion won. The Financial Services Commission also plans additional liability exemption measures to support more active investment and lending by financial companies. Officials discussed implementation and management steps at a meeting in Seoul led by Vice Chairman Kwon Dae-young.

KB Securities said its second-quarter operating profit and net profit more than doubled from a year earlier, delivering its best-ever first-half performance. The brokerage reported consolidated operating profit of 600.6 billion won, up 175.5 percent, and net profit of 450.8 billion won, up 180.6 percent. First-half operating profit totalled 1.05 trillion won and net profit 801.0 billion won, the highest on a half-year basis.