04.09.2014 05:02:00
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Jeju Bank -- Moody's: Korean regional bank consolidation reduces sector fragmentation
Hong Kong, September 04, 2014 -- Moody's Investors Service says that the recent sales by the Korean government of two of Woori Financial Holdings' (WFH, unrated) regional bank subsidiaries has reduced fragmentation in Korea's regional banking sector and has aligned the six regional banks under four groups.