Standard Chartered Korea to sell capital financing
Standard Chartered Korea to sell capital financing
Seoul - Yonhap
Standard Chartered Korea said Monday it has decided to sell its capital financing and savings bank units to Japanese financial firm J Trust Co. for 151 billion won (US$147.8 million).
The 100 percent stakes in Standard Chartered Capital and Standard Chartered Savings Bank will be sold to the Japanese financial company, which will be subject to the Korean financial regulator's approval, the group said.
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