Kookmin Bank cuts Samurai bond plan to 10 bln yen

SEOUL, April 3 (Reuters) - Kookmin Bank (060000.KS: Quote, Profile, Research, Stock Buzz) has cut the size of its proposed Samurai bond issuance to 10 billion yen ($97.74 million) from the planned 30 billion yen, an official at the South Korean bank said on Thursday.

The official at the bank's foreign-currency funding team confirmed a report by the local Maeil Business Newspaper that the bonds would be issued on April 15, but did not say why the amount had been reduced. ($1=102.31 Yen) (Reporting by Yoo Choonsik; Editing by Keiron Henderson)