Korea's Bad Bank Mergers- Three Blind Mice

Merger talks for government-owned banks such as Cho Hung Bank, Hanvit Bank and Korea Exchange Bank are slated for next month, just two months before the business of taking deposits changes.
June 08, 2000

Korea is pushing ahead with the merger of government-owned Cho Hung Bank, Korea Exchange Bank and Hanvit Bank out of concern that there may be deposit runs at weaker banks from September.

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