New lease of life

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New lease of life

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Customers visit a Samseong-dong, southern Seoul, branch of Daeyeong Savings Bank that was suspended in September and reopened for business yesterday as Hyundai Savings Bank. Bought by Hyundai Securities, the bank had a capital increase of 96 billion won ($84.2 million) that saw its Bank for International Settlements ratio, a measure of bank solvency, improve to 19.59 percent as of September. [YONHAP]

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