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SBI Holdings Forms 10th Tie-Up with Regional Bank

SBI Holdings Forms 10th Tie-Up with Regional Bank

   Tokyo, Aug. 21 (Jiji Press)--Major Japanese online financial services group SBI Holdings Inc. said Thursday it has formed a strategic capital and business alliance with Tohoku Bank, marking its 10th investment in a regional bank in Japan.
   SBI Holdings is set to acquire a 2.95 pct stake in the bank, which mainly operates in the northeastern prefecture of Iwate.

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AFP-JIJI PRESS NEWS JOURNAL


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