Industrial Bank of Korea receives approval to take over two Indonesian banks.

BANKING AND CREDIT NEWS-January 16, 2019--Industrial Bank of Korea receives approval to take over two Indonesian banks

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Global Banking News - 16 January 2019

Korea-based Industrial Bank of Korea (IBK) has received approval to take over two banks in Indonesia.

The Korean firm is believed to be planning to merge the two banks to launch IBK Indonesia in 2019. IBK is to take over Agris and...

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