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APRO Service Group completes Bank Dinar Indonesia acquisition

South Korea's APRO Service Group Co. Ltd. completed its acquisition of PT Bank Dinar Indonesia Tbk after receiving final approval from the Financial Services Authority of Indonesia.

The group said it plans to combine the bank with PT Bank Oke Indonesia, formerly PT Bank Andara, which it acquired in November 2016.

The group owns OK Savings Bank Co. Ltd. in South Korea, and has been expanding its presence in Southeast Asia since 2016 when it acquired Phnom Penh Commercial Bank.