IYBank opens for business, launches 24-hour ATM services

IYBank opens for business, launches 24-hour ATM services

TOKYO, Japan - IYBank President Takashi Anzai shows off bank cards at the bank's head office in central Tokyo on May 15. The branch-free bank, created by major retailer Ito-Yokado Co. and convenience-store subsidiary Seven-Eleven Japan Co., opened for business the same day, offering 24-hour automated teller machine services.

Ito-Yokado's IYBank to begin operations May 7

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.

IYBank opens for business, launches 24-hour ATM services

IYBank opens for business, launches 24-hour ATM services

TOKYO, Japan - IYBank President Takashi Anzai shows off bank cards at the bank's head office in central Tokyo on May 15. The branch-free bank, created by major retailer Ito-Yokado Co. and convenience-store subsidiary Seven-Eleven Japan Co., opened for business the same day, offering 24-hour automated teller machine services.

Ito-Yokado's IYBank to begin operations May 7

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.