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Sumitomo Mitsui to take 10% stake in SBI Holdings for ¥79 bil

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"We want to expand our customer base. I would like for (the two companies) to develop various services together so we can offer a futuristic financial experience," Kazuyuki Anchi, general manager of SMFG's corporate planning department, told a press briefing.

For a society with an aging population and negative birthrate?

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