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Iyogin Holdings and Ehime Bank to Merge as Early as April Next Year, Forming a Holding Company and a Regional Bank Group with Total Assets Exceeding 12 Trillion Yen.
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It was learned on the 23rd that Iyogin Holdings (HD, Matsuyama City), which operates Iyo Bank in Ehime Prefecture, and Ehime Bank (also based in Matsuyama City) are in final negotiations for a business merger. They are considering a merger format that would involve establishing a holding company as early as April of next year, with the two banks under its umbrella. If realized, this would create a consolidated bank…
·Japan
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