News Release

Notice Regarding Today’s Media Reports

Jul 2, 2020
J Trust Co., Ltd.

						

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  Today, the Korea Economic Daily and several other South Korean media reported that the J Trust Group (the “Group”) decided to sell JT Savings Bank Co., Ltd., a consolidated subsidiary, but this was not announced by the Company. To optimize the business portfolio, the Group is exploring various possibilities including this one through alliances and acquisitions/sale, but no facts have been decided at this time. If we decide the facts to be disclosed, we will make an announcement in a timely manner.

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J Trust Co., Ltd. Finance Department