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Fukuoka Financial Group Inc (8354.T)

8354.T on Tokyo Stock Exchange

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Fri, Sep 29 2017

BRIEF-Fukuoka Financial Group unit says business and capital alliance with Bank of Okinawa

* Says co's unit iBank marketing and Bank of Okinawa Ltd entered into a basic agreement on business and capital alliance

BRIEF-R&I removes Fukuoka Financial Group from rating monitor and affirms "A+" with negative outlook-R&I

* Rating and Investment Information, Inc. (R&I) removed the company from rating monitor-R&I

BRIEF-R&I retains Fukuoka Financial Group on rating monitor with view to downgrading -R&I

* Says Rating and Investment Information, Inc. (R&I) retains the company on rating monitor with view to downgrading -R&I

UPDATE 1-Japan's Fukuoka, Eighteenth Bank postpone planned integration

* Japan's regional banks struggling to survive (Adds background, analyst comment)

Japan's Fukuoka, Eighteenth Bank postpone planned integration

TOKYO, July 25 Fukuoka Financial Group Inc and Eighteenth Bank , both based in southern Japan, said on Tuesday they would indefinitely put on hold plans to integrate their operations, citing anti-monopoly issues.

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