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NongHyup Financial looks overseas as domestic market remains sluggish

NongHyupFinancial Group Inc. is looking at expanding its business overseas,particularly in Southeast Asia and China, in light of a sluggish financialdomestic market, The Korea Herald reportedMarch 30.

The company is focused on expanding in Southeast Asia andChina as it can take advantage of its expertise in agricultural finance in thetwo regions. In addition to investments, the company is looking to enter intopartnerships with local companies.