Banks

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Towa Bank Ltd to dissolve subsidiary

Thursday, 30 Oct 2014 03:30am EDT

Towa Bank Ltd:To dissolve a Gunma-based subsidiary engaged in business reconstruction assistance, in middle November.Liquidation expected to be completed in late February 2015.

Hana Financial announces merger of subsidiaries

Wednesday, 29 Oct 2014 12:28am EDT

Hana Financial Group Inc:Says its subsidiary, KOREA EXCHANGE BANK will merge with subsidiary, Hana Bank, to improve operating efficency and create synergy.Merge rate of 1 : 2.9707919 between KOREA EXCHANGE BANK and Hana Bank.652,977,567 new shares will be issued for the merge.Expected merger effective date of Feb. 1, 2015.KOREA EXCHANGE BANK will survive and Hana Bank will be dissolved after the merger.

VTB Bank OAO plans voluntary liquidation of subsidiary

Tuesday, 28 Oct 2014 11:46am EDT

VTB Bank OAO:Plans voluntary liquidation of its subsidiary Peterburg City OOO.The decision will be made in due order.

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