ASIAN BANKS
The Republic of Korea dominatesEuromoney‘s 1996 table of the top Asian banks with 21 entrants, 11 ofwhich appear in the top 50. Only Housing & Commercial Bank rises, however, up28 places to 55, with equity almost doubled at $880 million from $469 million.Government ownership was reduced to 46.8% following an initial public offering(IPO) in January, when the bank changed its name from Korea Housing Bank toreflect its new commercial status.
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