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Saturday, April 6, 2013

Moody's upgrades Korea Exchange Bank

The rating agency said it upgraded the South Korean bank's local- and foreign-currency long-term deposit rating to A1 from A2, deal between the companies, which allows Hana Financial to raise its stake in Korea Exchange Bank to 100% from 60%, has effectively proceeded.

http://www2.snl.com/Interactivex/article.aspx?CdId=A-17410770-13105

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