, Korea

Hana Financial, local brokerage show intent to buy savings banks

Hana Financial Group and Kiwoom Securities Co. are eyeing to acquire a package of ailing savings banks whose operation have been suspended since September.

 

South Korea's No. 4 banking group and a mid-sized local brokerage submitted letters of intent to purchase both Jeil 2 Savings Bank and Ace Mutual Savings Bank, according to industry sources.

For the source of this story, click here.

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!