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2 regional banks to merge under holding company

KAGOSHIMA, Japan - Kagoshima Bank President Motohiro Kamimura attends a press conference on Nov. 10, 2014, in the southwestern Japan city of Kagoshima, as the bank reached a basic agreement with another regional bank, Higo Bank, to merge by setting up a holding company in October next year.

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2 regional banks to merge under holding company

KUMAMOTO, Japan - Higo Bank President Takahiro Kai attends a press conference on Nov. 10, 2014, in the southwestern Japan city of Kumamoto, as the bank reached a basic agreement with another regional bank, Kagoshima Bank, to merge by setting up a holding company in October next year.

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2 regional banks in merger talks

KUMAMOTO, Japan - Photo taken on Nov. 7, 2014, shows a building in the southwestern Japan city of Kumamoto that houses the headquarters functions of Higo Bank. The regional bank is now in talks with another regional bank, Kagoshima Bank, over management integration.

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2 regional banks in merger talks

KAGOSHIMA, Japan - Photo taken on Nov. 7, 2014, shows the headquarters of Kagoshima Bank in the southwestern Japan city of Kagoshima. The regional bank is now in talks with another regional bank, Higo Bank, over management integration.

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BOJ ready to take appropriate action to end deflation: Yamaguchi

KAGOSHIMA, Japan - Bank of Japan Deputy Governor Hirohide Yamaguchi speaks during a news conference in Kagoshima on Feb. 24, 2010. Yamaguchi said in a speech in the capital city of Kagoshima Prefecture that the central bank is always ready to take appropriate action to defeat deflation, while voicing concern over the slow pace at which the decline in prices is moderating.

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2 Japanese regional banks form Kyushu Financial Group

A poster announcing the launch of Kyushu Financial Group on Oct. 1, 2015, is displayed at Higo Bank's central branch in Kumamoto the same day. The management integration of Higo Bank and Kagoshima Bank, two regional banks based in southwestern Japan's Kyushu region, makes the newly established financial group the second largest lender in Kyushu in terms of assets. (Kyodo) ==Kyodo

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Japanese firms welcome new faces at start of business year

Motohiro Kamimura (far L), president of Kagoshima Bank, welcomes new recruits of the bank at a ceremony in Kagoshima, southwestern Japan, on April 1, 2015. Similar welcome ceremonies are held by many other firms nationwide on April 1, the start of a new fiscal year in Japan. (Kyodo) ==Kyodo

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BOJ ready to take appropriate action to end deflation: Yamaguchi

KAGOSHIMA, Japan - Bank of Japan Deputy Governor Hirohide Yamaguchi speaks during a news conference in Kagoshima on Feb. 24, 2010. Yamaguchi said in a speech in the capital city of Kagoshima Prefecture that the central bank is always ready to take appropriate action to defeat deflation, while voicing concern over the slow pace at which the decline in prices is moderating. (Kyodo)

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2 regional banks in merger talks

KAGOSHIMA, Japan - Photo taken on Nov. 7, 2014, shows the headquarters of Kagoshima Bank in the southwestern Japan city of Kagoshima. The regional bank is now in talks with another regional bank, Higo Bank, over management integration. (Kyodo)

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Takenohashi Bridge (Looking towards Kagoshima City from the right bank of Kotsuki River)

Takenohashi Bridge (Looking towards Kagoshima City from the right bank of Kotsuki River)==Date:about 1874, Place:Kagoshima, Photo:unknown, (Credit:Nagasaki University Library/Kyodo News Images)

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The Right Bank of Kotsuki River

The Right Bank of Kotsuki River==Date:about 1874, Place:Kagoshima, Photo:unknown , (Credit:Nagasaki University Library/Kyodo News Images)