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KB Kookmin Bank, BDO Unibank sign business cooperation agreement

South Korea's KB Kookmin Bank and the Philippines' BDO Unibank Inc. signed an agreement to cooperate and offer services to the latter bank's South Korean customers, Yonhap News Agency reported Dec. 8.

Under the agreement, the two banks will work together on the retention and acquisition of South Korean customers in the Philippines and share a customer service and marketing strategy targeting this customer segment.

KB Kookmin Bank is owned by KB Financial Group Inc.