Hana, KEB Indonesia merge to cater to thriving Korean busine

Bareksa • 11 Mar 2014

an image
CFO Hana Bank Lee Hwa Soo (kiri) didampingi Direktur Bayu Wisnu Wardhana (tengah) dan Efdinal Alamsyah, menjelasakan kepada wartawan tentang penggabungan Bank Hana dengan Bank KEB Indonesia (ANTARAFOTO/Audy Alwi)

KEB Indonesia was 99 percent controlled by KEB Korea

The Jakarta Post - South Korean lenders Bank Hana and Korea Exchange Bank (KEB) Indonesia announced their merger on Monday in an effort to cater to thriving South Korean businesses in Indonesia.

Hana became the surviving entity after the merger and intends to change its official name to Bank KEB Hana. The plan is pending approval from the Financial Services Authority (OJK).

Read more...