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77 Bank to transform 4 units into fully owned subsidiaries

77 BankLtd. will transform four units into fully owned subsidiaries tostreamline the group's decision making process.

The four companies are in the business of leasing, creditguarantee, computer services and credit card service, the bank said in a Sept.23 statement. 77 Bank directly owns a 5% stake in each subsidiary and controlsthem through other subsidiaries.