SEOUL, June 22 (Reuters) - The Industrial Bank of Korea (IBK) , majority owned by the South Korean government, has reported to parliament a plan to buy the financial arm of the country's postal service agency, a newspaper said on Monday.
IBK has been in talks with the ruling Grand National Party (GNP) to take over deposit-taking and insurance businesses from the Korea Post, the Dong-a Ilbo daily quoted the party's member of parliament Koh Seung-duck as saying.
He leads an economic committee of the ruling party.
"Once the privatisation plan of Korea Development Bank shapes up, (the Grand National Party) will push forward a plan to sell Korea Post's financial services operation to Industrial Bank of Korea," Koh told the newspaper.
(Reporting by Kim Yeon-hee; Editing by Jacqueline Wong)

((yeonhee.kim@thomsonreuters.com; +82 2 3704 5646; Reuters Messaging: yeonhee.kim.reuters.com@reuters.net)) Keywords: KOREAPOST IBK/ (If you have a query or comment on this story, send an email to newsfeedback.asia@thomsonreuters.com)

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