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2 Japan banks tie up with RCBC to assist small business

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Kyodo News

Kansai Mirai Financial Group Inc. said Wednesday its two banking units have teamed up with a Philippine lender to help small and midsize Japanese firms advance into the Southeast Asian country.Osaka-based Kansai Urban Banking Corp. and Kobe-based Minato Bank signed a business alliance agreement with Rizal Commercial Banking Corp., the financial group said.The two regional banks and the Philippine bank aim to promote business tie-ups between their clients while cooperating in offering Philippine market and investment information and various support such as accounting and tax expertise.&quot;There are growing needs (for such services) as a number of clients have interest (in the Philippines),&quot; said Kiyoshi Miura, deputy president of Kansai Urban Banking.Rizal Commercial Banking, founded in 1960, has 508 branches across the country on a consolidated basis.

Kansai Mirai Financial Group Inc. said Wednesday its two banking units have teamed up with a Philippine lender to help small and midsize Japanese firms advance into the Southeast Asian country.

Kansai Mirai Financial Group Inc. said Wednesday its two banking units have teamed up with a Philippine lender to help small and midsize Japanese firms advance into the Southeast Asian country.