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Fly News Breaks for January 13, 2020
WF
Jan 13, 2020 | 15:41 EDT
BofA analyst Bryan Song downgraded Woori Financial to Neutral from Buy with a KRW 14,000 price target. Woori lost 7 basis points of net interest margin in Q3 year-to-date and he believes its weak capital base has been a barrier for its non-bank expansion, Song told investors.
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