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Signage and logo of Nishi-Nippon City Bank

Signage and logo of Nishi-Nippon City Bank=Date:October 14, 2023, Place:Saga

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Signage and logo of Nishi-Nippon City Bank

Signage and logo of Nishi-Nippon City BankDate:July 28, 2023,Place:Tokyo

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Signage and logo of Nishi-Nippon City Bank

Signage and logo of Nishi-Nippon City BankDate:July 28, 2023,Place:Tokyo

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Financial adviser Kimura takes helm at Nippon Shinko Bank

TOKYO, Japan - Nippon Shinko Bank, a bank dedicated to loans to small and midsize companies, said Jan. 4 that Takeshi Kimura, a well-known financial consultant, has succeeded Yuko Oana as its president, effective Jan. 1. Kimura speaks at a news conference Jan. 4 at the Bank of Japan head office in Tokyo.

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Bank of Yokohama, Higashi-Nippon Bank agree to merge

TOKYO, Japan - Bank of Yokohama President Tatsumaro Terazawa (L) and Higashi-Nippon Bank President Michito Ishii shake hands in Tokyo on Nov. 14, 2014, following the two regional banks' agreement to launch merger talks.

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Bank of Yokohama, Higashi-Nippon Bank eye merger

TOKYO, Japan - Photo taken on Nov. 4, 2014, shows the headquarters of Higashi-Nippon Bank in Tokyo, Japan. It was reported that the bank is in the final stages of negotiations on a merger with the Bank of Yokohama that would create Japan's biggest regional banking group.

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Bank of Yokohama, Higashi-Nippon Bank eye merger

YOKOHAMA, Japan - File photo taken in February 2014 shows the headquarters of the Bank of Yokohama in Yokohama, Japan. It was reported the bank is in the final stage of negotiations with Higashi-Nippon Bank on a merger that would create Japan's biggest regional banking group.

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U.S. recession may become longest since WWII: BOJ's Shirakawa

TOKYO, Japan - Masaaki Shirakawa, governor of the Bank of Japan, delivers a speech at a meeting of the Japan Business Federation (Nippon Keidanren), the nation's most powerful business lobby, at Keidanren Kaikan in Tokyo on Dec. 22. (Pool photo)

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6 of 9 major life insurers see core profits expand in FY 2006

TOKYO, Japan - Nippon Life Insurance Co. Executive Director Yoshinobu Tsutsui speaks on the company's financial results for fiscal 2006 at a press conference in Tokyo on May 30. Six of Japan's nine major life insurers saw their core operating profits expand in the business year ended March 31 from a year earlier, supported by improved conditions for their fund management following interest rate hikes by the Bank of Japan.

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Asset-based lending extends to prized meat cows

MORIOKA, Japan - Kita-Nippon Bank, a regional lender based in Morioka, Iwate Prefecture, has started taking prized Maezawa meat cows as collateral for the so-called asset-based lending to cattle farmers in the prefecture. A loan-taker is required to send a monthly report to the bank on the condition of the cows, which are tagged in both ears for the bank to track of their health and market value. According to Kita-Nippon Bank, similar asset-based lending is extended to cattle farmers in Shiga Prefecture and Hokkaido.

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Nishi-Nippon City Bank aims to become No. 1 bank in Kyushu

FUKUOKA, Japan - Nishi-Nippon City Bank Chairman Masahiro Honda (L) and President Tsuneo Shindo shake hands at a press conference in Fukuoka on Oct. 1 following inauguration of the bank through the merger of Nishi-Nippon Bank and Fukuoka City Bank. The president of the new bank pledged to make the bank No. 1 in the Kyushu region.

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New bank dedicated to smaller firms starts business in Tokyo

TOKYO, Japan - Yuko Oana (C), president of newly established Nippon Shinko Bank, cuts a tape during a ceremony marking the start of operations at the bank in Tokyo on April 21. The bank is dedicated to offering unsecured loans to small and midsize companies in the area centering on Tokyo.

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FSA grants full license to new bank for small businesses

TOKYO, Japan - Yuko Oana (L), president of Nippon Industrial Bank, speaks at a press conference in Tokyo on April 13 after the bank, newly established by young business leaders for lending to small and midsize companies, obtained a full business license from the Financial Services Agency (FSA) earlier in the day.

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Nippon Shinpan to merge with UFJ Card

TOKYO, Japan - Nippon Shinpan Co. President Kazuhiro Omori (L), UFJ Bank President Masaji Teranishi (C) and UFJ Card Co. President Mitsutaka Ando pose at a news conference in Tokyo on Jan. 20 after announcing a deal to merge the two credit card firms in March 2005 or later. The deal will give the UFJ Group the largest credit card operations among the Japan's four megabanks.

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Nippon Life solvency margin ratio up in 1st half

TOKYO, Japan - Mitsuhiro Ishibashi (C), vice president of Nippon Life Insurance Co., briefs reporters on the company's earnings report for the first half of fiscal 2003 at the Bank of Japan's head office in Tokyo Nov. 27.

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UFJ Bank to make Nippon Shinpan subsidiary by March 2005

TOKYO, Japan - Masashi Teranishi (R), president of UFJ Bank, and Kazuhiro Omori, president of Nippon Shinpan Co., one of Japan's biggest consumer credit firms, shake hands during a press conference at a hotel in Tokyo on Nov. 21. They announced that UFJ will acquire a controlling stake in Nippon Shinpan by March 2005.

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Okuda praises gov't move to pour public funds into Resona

OSAKA, Japan - Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), speaks at a news conference in Osaka on June 3. Okuda praised the government's decision to inject public funds into Resona Bank, the core bank of Resona Holdings Inc.

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8 of 10 insurers' financial health down on weak stocks

TOKYO, Japan - Mitsuhiro Ishibashi (C), vice president of Nippon Life Insurance Co., briefs reporters on the insurer's earnings report for the fiscal year ended March 31, at the Bank of Japan's head office in Tokyo on May 30.

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Nishi-Nippon Bank, Fukuoka City Bank to merge

FUKUOKA, Japan - Nishi-Nippon Bank President Tsuneo Shindo (L) and Fukuoka City Bank President Tsukasa Shishima shake hands as they announced an agreement to merge in Oct. 2004.

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(2)People pray for Japanese victims of Sept. 11 terror attacks

FUKUOKA, Japan - Employees of Nishi-Nippon Bank offer a silent prayer at company offices in Fukuoka's Hakata Ward on Sept. 11 for the bank's two workers who were killed in the terror attacks on New York's World Trade Center last year.

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Nishi-Nippon Bank, Fukuoka City Bank to integrate

FUKUOKA, Japan - Nishi-Nippon Bank President Tsuneo Shindo (L) and Fukuoka City Bank President Tsukasa Shishima, speak at a news conference in Fukuoaka on April 19. The two regional banks have agreed in principle to integrate their operations under a holding company in April 2003.

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(2)Nishi-Nippon Bank, Fukuoka City Bank to integrate

FUKUOKA, Japan - Nishi-Nippon Bank and Fukuoka City Bank (whose headquarters are seen in the photo), two regional banks in Fukuoka, Fukuoka Prefecture, have agreed to integrate their businesses in April next year, sources close to the deal said April 19.

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(1)Nishi-Nippon Bank, Fukuoka City Bank to integrate

FUKUOKA, Japan - Nishi-Nippon Bank (whose headquarters are seen in the photo) and Fukuoka City Bank, two regional banks in Fukuoka, Fukuoka Prefecture, have agreed to set up a holding company and integrate their businesses in April next year, sources close to the deal said April 19.

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(2)Attacks on U.S.

NEW YORK, United States - Relatives of two employees of Japan's Nishi-Nippon Bank who have been missing since the Sept. 11 terrorist attacks on the World Trade Center offer flowers at Union Square in New York on Sept. 18.

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(2)New banks, nonlife insurers kick off operations

TOKYO, Japan - Shigemitsu Miki (L), president of Mitsubishi Tokyo Financial Group Inc., and its chairman Akio Utsumi, cut a ribbon at a ceremony in Tokyo on April 2 to mark the launch of the company, a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank. Mitsubishi-Tokyo is one of three megabank groups which began operations the same day.

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(1)New banks, nonlife insurers kick off operations

TOKYO, Japan - Hideo Ogasawara, president of UFJ Holding Inc., a holding firm of Sanwa Bank, Tokai Bank and Toyo Trust & Banking Co., speaks at the company's opening ceremony in Tokyo on April 2. Three new megabank groups -- Sumitomo Mitsui Banking Corp., formed by the merger of Sumitomo Bank and Sakura Bank, Mitsubishi Tokyo Financial Group Inc., a merged body of the Bank of Tokyo-Mitsubishi, Mitsubishi Trust & Banking Co. and Nippon Trust Bank, as well as UFJ Holdings Inc. -- began operations the same day.

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Aozora Bank, reincarnation of failed NCB, begins operations

TOKYO, Japan - Hiroshi Marayama (2nd from R), president of Aozora Bank, the reincarnation of failed Nippon Credit Bank, unveils the bank's new corporate logo at a ceremony at the head office in Tokyo's Kudanshita on Jan. 4. Aozora literally means ''blue sky'' in Japanese.

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NCB President Homma dies of heart attack

TOKYO, Japan - File photo shows Tadayo Homma, president of Nippon Credit Bank (NCB), who died of a heart attack Sept. 20 at the age of 60.

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Mitsubishi group banks name head of holding firm

TOKYO, Japan - File photos show (from L to R) Shigemitsu Miki, president of the Bank of Tokyo-Mitsubishi, and Akio Utsumi, president of Mitsubishi Trust & Banking Corp. The two banks and Nippon Trust Bank are due to integrate their operations next April by inaugurating a holding company, Mitsubishi Tokyo Financial Group Inc. Miki has been tentatively named president and Utsumi chairman of the holding company.

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NCB begins operations under new owners

TOKYO, Japan - Nippon Credit Bank (NCB) opens Sept. 4 for its first official day of business under the ownership of a consortium led by Internet investor Softbank Corp., following 21 months of state control that ended Sept. 1. The new management is expected to adopt a plan to rename the institution Aozora Bank in January 2001. Aozora means ''blue sky'' in Japanese. Photo shows new NCB executives (from L to R) of Kokei Higuchi, president of Tokio Marine & Fire Insurance Co., Masayoshi Son, president of Softbank Corp., Tadayo Homma, a former executive director of the Bank of Japan, who is expected to become president of the new bank, and Yoshihiko Miyauchi, chairman of Orix Corp.

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NCB to make fresh start as 'Aozora Bank'

TOKYO, Japan - File photo shows the Tokyo headquarters of the nationalized Nippon Credit Bank (NCB), which was sold to a consortium led by Internet investor Softbank Corp. on Sept. 1. The group plans to rename it ''Aozora Bank'' -- the Japanese word for blue sky -- on Jan. 1 next year.

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Gov't to pour 3.2 tril. yen into NCB before sale

TOKYO, Japan - Noboru Matsuda, head of the state-run Deposit Insurance Corp. (DIC), speaks at a news conference at his office Aug. 25. Under a scheme endorsed by the government earlier in the day, DIC will provide financial assistance to the nationalized Nippon Credit Bank (NCB), including the purchase of its bad loans, to help bolster the failed bank's capital base.

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NCB president meet the press

TOKYO, Japan - Takuya Fujii, president of the nationalized Nippon Credit Bank (NCB), speaks at a news conference at the bank's head office in Tokyo on Aug. 25 after the government endorsed a plan to inject 3.2 trillion into the failed bank before selling it to a consortium led by Internet investor Softbank Corp.

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Softbank signs NCB deal

TOKYO, Japan - Noboru Matsuda (L), head of the state-run Deposit Insurance Corp. (DIC), and Masayoshi Son (C), president of Internet investor Softbank Corp., sign documents on the purchase of failed Nippon Credit Bank (NCB) on June 30. Under he deal, the Softbank consortium will pay the government one billion yen for all outstanding NCB common shares and another 100 billion yen to bolster NCB's capital base.

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FRC inks accord to sell NCB to Softbank-led group

TOKYO, Japan - Tadayo Homma (L), next president of Nippon Credit Bank (NCB), joins hand with Shunsuke Takeda (2nd from L), vice president of leasing company Orix Corp., Softbank Corp. founder and President Masayoshi Son (3rd from L), and Tomochika Iwashita (R), managing director of Tokio Marine & Fire Insurance Co., at a Tokyo hotel on June 6 after the government's Financial Reconstruction Commission (FRC) and Deposit Insurance Corp. (DIC) signed a basic agreement earlier in the day to sell the nationalized NCB to the tripartite consortium led by Softbank.

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Softbank-led group loses rights to buy NCB

TOKYO, Japan - Shoji Mori, secretary general of the government's Financial Reconstruction Commission (FRC), speaks at a news conference in Tokyo on May 31 after FRC's talks with a consortium led by leading Internet investor Softbank Corp. on the failed Nippon Credit Bank broke down. He said the consortium's priority rights to negotiate the purchase of the long-term credit bank have expired.

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BTM, Mitsubishi Trust announce alliance plan

TOKYO, Japan - Satoru Kishi (2nd from L), president of the Bank of Tokyo-Mitsubishi (BTM), and Akio Utsumi (3rd from L), president of Mitsubishi Trust & Banking Corp., along with Tomoaki Hirano (L), president of Nippon Trust Bank, and Hiroshi Hayashi, president of Tokyo Trust Bank, shake hands in Tokyo on April 19 after announcing an agreement to integrate their management under a joint holding company in April 2001. The two banks will create the world's fifth largest and Japan's fourth biggest banking group by assets. Mitsubishi Trust will also absorb two BTM trust subsidiaries, Nippon Trust Bank and Tokyo Trust Bank, in October 2001.

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Bad loan-laden NCB asked to apply for state control

Shigeoki Togo, president of Nippon Credit Bank enters Prime Minister's Office on Dec. 12 to receive a notice urging the long-term credit bank to request for temporary nationalization, as the gov't has concluded the bank, laden with huge bad loans, is effectively in a state of collapse.

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Egypt issues 500 million USD Samurai bonds on Japanese market

STORY: Egypt issues 500 million USD Samurai bonds on Japanese market DATELINE: March 25, 2022 LENGTH: 00:00:59 LOCATION: Cairo CATEGORY: ECONOMY SHOTLIST: 1. various of the headquarters of Finance Ministry in Cairo 2. a shot of the logo of the ministry 3. various of Egypt's Finance Minister Mohamed Maait speaking 4. various of the headquarters of Finance Ministry 5. various of the Central Bank of Egypt STORYLINE: Egypt's Finance Ministry announced on Thursday that the country has issued 60 billion yen (about 500 million U.S. dollars) in five-year Samurai bonds on the Japanese market. Therefore, Egypt became the first country in the Middle East to issue international bonds denominated in Japanese yen on the Japanese market, the ministry said. It is Egypt's first international offering since it has devalued its currency by 14 percent against the dollar on Monday. The Finance Ministry made the issuance through a credit guarantee from the Sumitomo Mitsui Banking Corporation and the coverage of Nippon Export

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Financial adviser Kimura takes helm at Nippon Shinko Bank

TOKYO, Japan - Nippon Shinko Bank, a bank dedicated to loans to small and midsize companies, said Jan. 4 that Takeshi Kimura, a well-known financial consultant, has succeeded Yuko Oana as its president, effective Jan. 1. Kimura speaks at a news conference Jan. 4 at the Bank of Japan head office in Tokyo. (Kyodo)

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6 of 9 major life insurers see core profits expand in FY 2006

TOKYO, Japan - Nippon Life Insurance Co. Executive Director Yoshinobu Tsutsui speaks on the company's financial results for fiscal 2006 at a press conference in Tokyo on May 30. Six of Japan's nine major life insurers saw their core operating profits expand in the business year ended March 31 from a year earlier, supported by improved conditions for their fund management following interest rate hikes by the Bank of Japan. (Kyodo)

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U.S. recession may become longest since WWII: BOJ's Shirakawa

TOKYO, Japan - Masaaki Shirakawa, governor of the Bank of Japan, delivers a speech at a meeting of the Japan Business Federation (Nippon Keidanren), the nation's most powerful business lobby, at Keidanren Kaikan in Tokyo on Dec. 22. (Pool photo) (Kyodo)

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Okuda praises gov't move to pour public funds into Resona

OSAKA, Japan - Hiroshi Okuda, chairman of the Japan Business Federation (Nippon Keidanren), speaks at a news conference in Osaka on June 3. Okuda praised the government's decision to inject public funds into Resona Bank, the core bank of Resona Holdings Inc. (Kyodo)

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8 of 10 insurers' financial health down on weak stocks

TOKYO, Japan - Mitsuhiro Ishibashi (C), vice president of Nippon Life Insurance Co., briefs reporters on the insurer's earnings report for the fiscal year ended March 31, at the Bank of Japan's head office in Tokyo on May 30. (Kyodo)

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NCB President Homma dies of heart attack

TOKYO, Japan - File photo shows Tadayo Homma, president of Nippon Credit Bank (NCB), who died of a heart attack Sept. 20 at the age of 60.

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Nishi-Nippon City Bank aims to become No. 1 bank in Kyushu

FUKUOKA, Japan - Nishi-Nippon City Bank Chairman Masahiro Honda (L) and President Tsuneo Shindo shake hands at a press conference in Fukuoka on Oct. 1 following inauguration of the bank through the merger of Nishi-Nippon Bank and Fukuoka City Bank. The president of the new bank pledged to make the bank No. 1 in the Kyushu region. (Kyodo)

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Gov't to pour 3.2 tril. yen into NCB before sale

TOKYO, Japan - Noboru Matsuda, head of the state-run Deposit Insurance Corp. (DIC), speaks at a news conference at his office Aug. 25. Under a scheme endorsed by the government earlier in the day, DIC will provide financial assistance to the nationalized Nippon Credit Bank (NCB), including the purchase of its bad loans, to help bolster the failed bank's capital base.

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Nippon Shinpan to merge with UFJ Card

TOKYO, Japan - Nippon Shinpan Co. President Kazuhiro Omori (L), UFJ Bank President Masaji Teranishi (C) and UFJ Card Co. President Mitsutaka Ando pose at a news conference in Tokyo on Jan. 20 after announcing a deal to merge the two credit card firms in March 2005 or later. The deal will give the UFJ Group the largest credit card operations among the Japan's four megabanks. (Kyodo)

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Baseball: Fighters extend win streak to 11

Nippon Ham Fighters pitcher Luis Mendoza throws seven effective innings to help the team extend its winning streak to 11 games with an 8-3 victory over the Rakuten Eagles at Shonai Bank & Nisshin Seiyaku Stadium in Nakayama, Yamagata Prefecture, on July 5, 2016. (Kyodo) ==Kyodo

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Bank of Yokohama, Higashi-Nippon Bank reach final merger accord

Bank of Yokohama President Tatsumaro Terazawa (L) and Higashi-Nippon Bank President Michito Ishii attend a press conference in Tokyo on Sept. 8, 2015, to announce their final agreement to merge under their new holding company Concordia Financial Group Ltd. on April 1. (Kyodo) ==Kyodo