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SHINHAN-CHOHUNG MERGED BANK LAUNCHED IN S. KOREA.
SEOUL, April 3 Asia Pulse - The merged bank between Shinhan and Chohung, two units of Shinhan Financial Group Co., was launched Saturday, with its new chief promising to lead South Korea's financial market.
Shinhan Financial Group, the nation's second-largest financial services company, held a ceremony earlier in the day to mark the opening of the new lender, named Shinhan Bank, which becomes the nation's second-largest lender.
"After finishing a complete merger, the bank has to lead the financial market with a new source of growth," Shinhan Bank President Shin Sang-hoon said at the ceremony, which also celebrated his ...
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Source: HighBeam Research, SHINHAN-CHOHUNG MERGED BANK LAUNCHED IN S. KOREA.