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KB Kookmin Bank said that it will invite International Business Machines (IBM) to participate in open bidding for its new computer system.
The firm has entered into a deal with Kookmin Bank and Hana Bank to promote the new product.
Abu Dhabi Commercial Bank (ADCB) and Kookmin Bank (KB) have signed a partnership agreement on 26 September 2012 to provide integrated comprehensive financing solutions for clients of both banks and for enhancement of trade flows between the institutions.
Maybank finally decided to acquire the stake from Sorak Financial Holdings Pte Ltd, which is a consortium between Fullerton Financial Holdings Pte Ltd and Kookmin Bank, the largest bank in South Korea.
As the first trustee bank in Korea to allow local investors to make investments into the China A-share market, Kookmin Bank will take the advantage of leading local investors to tap into this new investment market.
and major South Korean commercial bank Kookmin Bank have entered the final phase of talks to strike a comprehensive tie-up, including the joint provision of large international loans, sources close to the talks said Friday.
Holt's other selection in the financial sector, Kookmin Bank (NYSE: KB), also experienced an increase in stock price.
Last December, Macquarie signed an agreement with Korea's Kookmin Bank to develop a treasury derivatives business.