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South Korea's biggest bank targets India and Indonesia for deals

Financial market turmoil creates opportunities for KB Financial, CEO says

Yoon Jong-kyoo has served as CEO of KB Financial since 2014. (Photo by Yutaka Miyaguchi)

TOKYO -- KB Financial, South Korea's largest banking group, is looking to take advantage of the recent financial market turmoil by making overseas acquisitions in countries like India and Indonesia, the group's CEO said.

"A turbulent time may provide a very valuable chance," Yoon Jong-kyoo said during an interview in Tokyo with Nikkei Asia. "We think we have a good reason to pursue such a chance, if any."

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