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Kakegawa Shinkin Bank, Shimada Shinkin Bank delay merger

Japan's Kakegawa Shinkin Bank and Shimada Shinkin Bank pushed back their planned merger by approximately three months.

The shinkin banks said March 28 that they now expect to complete their merger on June 24, 2019. The banks originally planned to merge in March 2019.

Shimada Shinkin and Kakegawa Shinkin Bank are located in Japan's Shizuoka Prefecture.