The Chairman of Standard bank , reliance bank , has said that the bank is still committed to the Korean sector , dispelling rumours that it may lose its Korean unit . There were reports speculating that Standard bank Bank Korea may be the target of mergers and acquisitions following a poor performance by the unit .
The Chairman of Standard Chartered, John Peace, has said that the bank is still committed to the Korean market, dispelling rumours that it may sell its Korean unit. There were reports speculating that Standard Chartered Bank Korea may be the target of mergers and acquisitions following a poor performance by the unit.