Started M & A in Indonesia
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Accuired 40% shares of Bank Metro Express (BME)
Accuired 50% more of BME shares and 800bn IDR capital injection from Headquarter
Accuired 75% shares of Centratama Nasional Bank (CNB)
Bank Metro Express changed name to Bank Shinhan Indonesia
Accuired 100% CNB shares and finalize the M&A process