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Japan's umbrella credit union extends reach into Singapore

Shinkin Central Bank follows borrowers' shift to Southeast Asia from China

Singapore's central business district: Shinkin Central Bank plans to build contacts among financial institutions to find new investment opportunities.   © Reuters

TOKYO -- Japan's Shinkin Central Bank, a small-business lender with 43 trillion yen ($412 billion) in assets under management, will follow borrower companies into Southeast Asia with a foothold in Singapore.

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