TOKYO -- Japanese trading house Itochu will branch out into the banking business through a capital tie-up with Seven Bank, with plans to install Seven Bank ATMs at the subsidiary FamilyMart convenience store chain.
Business deals
Japan's Itochu seeks to bring Seven Bank ATMs to FamilyMart in tie-up
Trading house aims to eventually hold 20% stake in Seven & i's bank unit
Itochu aims to streamline its financial business by bringing Seven Bank ATMs into FamilyMart stores. (Photo by Seven Bank)
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