"resona Bank", acquired all the shares of AFC Merchant Bank Singapore financial institutions until September this year I decided to buy. There are number of 1 billion yen purchase price was not disclosed.

the AFC Merchant Bank is a financial institution was established, infrastructure development in Southeast Asia to countries such as Singapore and Malaysia five financial institutions is central, such as deposits and foreign exchange operations, capital engaged in activities such as investment in local infrastructure projects based on.

resona Bank is to take advantage of the financial institution's customer base and local information networks, to strengthen the support, such as small and medium enterprises into Southeast Asia from Japan.
resona Bank, including "resona group" is was nationalize 0/2003 management has deteriorated substantially improve after management and the repayment of public funds also run through the year before last. "Resona group" by the acquisitions that would be for the first time through domestic and overseas since the inception of the 0/2002 group.