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S.Korea's Kbank receives preliminary approval for IPO - Korea Exchange

September 20, 2022 — 03:10 am EDT

Written by Joyce Lee for Reuters ->

SEOUL, Sept 20 (Reuters) - South Korea's Kbank, an app-based lender, has received preliminary approval for an initial public offering (IPO), the Korea Exchange said in a statement on Tuesday.

The lender had applied for preliminary approval in June.

(Reporting by Joyce Lee, Editing by Louise Heavens)

((joyce.lee@tr.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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