FILE PHOTO: A man walk past a signboard of Sumitomo Mitsui Banking Corporation's signboard at its branch in Tokyo, Japan, January 25, 2017. Picture taken on January 25, 2017.REUTERS/Kim Kyung-Hoon
TOKYO: Sumitomo Mitsui Financial Group (SMFG), Japan's second-largest bank, on Thursday reported a 10.7% increase in third-quarter net profit thanks to brisk loan demand at home.
SMFG posted a profit of 266.37 billion yen ($1.8 billion) in the October-December period versus 240.6 billion yen a year earlier, according to Reuters' calculations based on nine-month cumulative figures disclosed in a stock exchange filing.
