Align Partners Proposes JB Financial, BNK Financial Merger to Create 234 Trillion Won Financial Holding

According to Align Partners Asset Management, on July 14, the company proposed to the boards of JB Financial Holdings and BNK Financial Holdings that they review the strategic and financial rationale for a merger. If combined, the two provincial financial holding companies would create South Korea's largest regional financial holding with total assets of 234 trillion won.
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