Downsizing
Published: 18 May. 2015, 20:56
KB Kookmin, Shinhan, Hana, Korea Exchange Bank, Woori and NH Nonghyup, Korea’s six commercial banks, have reportedly cut back on the number of branches due to rising costs coupled with low interest rates, according to the financial market. Since April 2014, 61 branches have shuttered. [NEWSIS]
with the Korea JoongAng Daily
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