Michinoku Bank to withdraw from overseas banking business

Michinoku Bank to withdraw from overseas banking business

AOMORI, Japan - Yasuo Sugimoto (R), chairman of Michinoku Bank, briefs reporters about the selling of its Russian banking subsidiary to Mizuho Corporate Bank and dissolving its Hong Kong subsidiary at the bank's head office in Aomori on Oct. 12.

Michinoku Bank ordered to step up customer data protection

Michinoku Bank ordered to step up customer data protection

SENDAI, Japan - Kazuo Harada, president of Michinoku Bank in northern Japan, is summoned by the Tohoku Local Finance Bureau on May 20. The Aomori-based bank has been ordered by financial authorities to improve security measures to protect customers' information, following its loss of such data stored on CD-ROMs in April. It is the first such order issued by financial authorities under the personal privacy law, which went into force in April.

Michinoku Bank ordered to step up customer data protection

Michinoku Bank ordered to step up customer data protection

SENDAI, Japan - Kazuo Harada, president of Michinoku Bank in northern Japan, is summoned by the Tohoku Local Finance Bureau on May 20. The Aomori-based bank has been ordered by financial authorities to improve security measures to protect customers' information, following its loss of such data stored on CD-ROMs in April. It is the first such order issued by financial authorities under the personal privacy law, which went into force in April. (Kyodo)

Michinoku Bank to withdraw from overseas banking business

Michinoku Bank to withdraw from overseas banking business

AOMORI, Japan - Yasuo Sugimoto (R), chairman of Michinoku Bank, briefs reporters about the selling of its Russian banking subsidiary to Mizuho Corporate Bank and dissolving its Hong Kong subsidiary at the bank's head office in Aomori on Oct. 12. (Kyodo)