Ito-Yokado's IYBank to begin operations May 7

TOKYO, Japan - Takashi Anzai (L), president of IYBank, and Toshifumi Suzuki, president of Ito-Yokado Co., show off bank cards in front of automated teller machines (ATMs) at a hotel in Tokyo on May 1. Anzai said IYBank, the new bank created by major retailer Ito-Yokado Co. and its convenience store subsidiary Seven-Eleven Japan Co., will begin operations May 7. IYBank plans to have ATMs installed at 3,650 outlets of Ito-Yokado and Seven-Eleven Japan nationwide by the end of its first year of business.

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2001/5/01 00:00:00

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Kyodo / Kyodo News Images

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