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KOREAN MUTUAL SAVINGS & FINANCE COS MUST HIRE OUTSIDE DIRECTORS.
SEOUL, April 2 Asia Pulse - Mutual savings and finance companies with over 300 billion won (US$22.6 million) in assets will be required to employ outside directors by June this year, an official of the Finance and Economy Ministry said Monday.
The official said the private financial companies are called on to hire outside directors based on the revision of the mutual savings and finance company law, passed by the legislature at the end of last month. According to the law, which went into effect on March 28, mutual savings and finance companies with more than 300 billion won in assets must add outside ...
- A.M. Best Affirms Ratings of Mutual Savings Life Insurance Company and Mutual...
- Press release article from: Business Wire May 9, 2006 700+ words
...the financial strength rating (FSR) of B- (Fair) of Mutual Savings Life Insurance Company (Mutual Savings) and the FSR of C++ (Marginal) of its subsidiary, Mutual Savings Fire Insurance Company (Mutual Savings Fire) (both of...
- BB&T FINANCIAL CORPORATION ANNOUNCES PLANS TO ACQUIRE MUTUAL SAVINGS BANK OF...
- Press release article from: PR Newswire February 26, 1993 700+ words
...President and Chief Executive Officer of Mutual Savings Bank of Rockingham County, SSB, today...related Plan of Conversion adopted by Mutual Savings Bank provides for the conversion of Mutual Savings Bank from a state chartered mutual...
- MUTUAL SAVINGS BANK OF ROCKINGHAM COUNTY, SSB ANNOUNCES APPROVAL OF...
- Press release article from: PR Newswire September 24, 1993 700+ words
...chief executive officer of Mutual Savings Bank of Rockingham County...jointly announced today that Mutual Savings Bank's eligible voting members...Plan of Conversion whereby Mutual Savings Bank would be acquired by BB...
- BB&T FINANCIAL CORPORATION COMPLETES ACQUISITION OF MUTUAL SAVINGS BANK OF...
- Press release article from: PR Newswire November 1, 1993 700+ words
...completed its acquisition of Mutual Savings Bank of Rockingham County, S.S.B., Reidsville, N.C. Mutual Savings has two offices located in Reidsville...C. As of Sept. 30, 1993, Mutual Savings had total assets of approximately...
- CCB AND MUTUAL SAVINGS BANK ANNOUNCE PLANNED COMBINATION
- Press release article from: PR Newswire October 8, 1992 700+ words
CCB AND MUTUAL SAVINGS BANK ANNOUNCE PLANNED COMBINATION...and the Board of Directors of Mutual Savings Bank, SSB, a state chartered savings...an agreement in principle whereby Mutual Savings Bank will convert into the stock...
- BB&T FINANCIAL CORPORATION AND MUTUAL SAVINGS BANK OF ROCKINGHAM COUNTY, SSB...
- Press release article from: PR Newswire August 24, 1993 700+ words
...president and chief executive officer of Mutual Savings Bank of Rockingham County, SSB in Reidsville, N.C., announced today that Mutual Savings received approval from the Administrator...convert from a North Carolina chartered mutual savings bank to a North Carolina chartered...
- MUTUAL SAVINGS BANK, f.s.b. REPORTS SECOND QUARTER EARNINGS
- Press release article from: PR Newswire July 24, 1992 700+ words
MUTUAL SAVINGS BANK, f.s.b. REPORTS SECOND...Mich., July 24 /PRNewswire/ -- Mutual Savings Bank, f.s.b. (NASDAQ: MSBK...to a major restructuring ongoing at Mutual Savings Bank, a restructuring designed to...
- S. Korean Mutual Savings Banks Enjoy Rising Deposits.
- News wire article from: YON - Yonhap News Agency of Korea January 26, 2005 700+ words
...said Wednesday. Total deposits at 113 mutual savings banks amounted to 31.2 trillion won...financial crisis that savers' deposits at mutual savings banks surpassed the 30-trillion...number of savers to put their money in mutual savings banks offering higher interest...
