Rumor on Purchase of Korean-American Bank(Nov.21,2002)
2002-11-25On November 21, 2002, there was a rumor that Kookmin Bank has a plan to purchase a bank located in Los Angeles. The Korea Stock Exchange requested Kookmin Bank to confirm if there is any plan to purchase a Korean-American community bank located in Los Angeles such as Nara Bank.
In relation to the rumor on purchase of Korean-American bank in Los Angeles, U.S., Kookmin Bank officially announced that the rumor is not true.