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SBI, Regional Bank Group Jimoto Announce Tie-Up

SBI, Regional Bank Group Jimoto Announce Tie-Up

   Tokyo, Nov. 20 (Jiji Press)--Major Japanese online financial service provider SBI Holdings Inc. <8473> and regional banking group Jimoto Holdings Inc. <7161> said Friday that they will form a capital and business alliance.
   A subsidiary of SBI will invest 3.5 billion yen in Jimoto to acquire an equity stake of 17 pct in the bank holding company in terms of voting rights.

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AFP-JIJI PRESS NEWS JOURNAL


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