Japan

Japan Post Bank to begin offering disaster recovery housing loans

The 41 branches with a loan service department will begin offering the service.
2 days ago

Japan’s Chugoku Bank sees improving profitability: Moody's

Rapid loan growth and US tariffs may lead to loan quality deteriorating, it warned.
3 days ago

SMBC, Fujitsu Limited to create data analytics business

Japanese companies reportedly want data-driven operations to improve efficiency.

SMBC inks MOU to explore commercialization of stablecoins

They will explore technical, regulatory, and market infrastructure requirements for it.

Mizuho buys tech-based carbon dioxide removal credits

It has joined a joint carbon credit facility to promote and disseminate such technologies.

Japan’s SMBC enters partnership agreement with Avispa Fukuoka

It will introduce a scholarship program and promote use of sports data utilization.

Citi names Akira Hoshino as head of markets for Japan

Hoshino was head of FX and has led Citi’s rates sales since 2022.

SBI Shinsei Bank outlook stable despite $2.2b repayment deal

On 7 March, it agreed to repay JPY330b in public funds to the Japanese government.

SMBC Aviation Capital receives $445m settlement for terminated Russian contracts

SMBC expects to record equity gains of affiliated companies amounting to $250m.

MUFG acquires 9.98 million shares in JACCS

MUFG sees JACCS as a core company in its consumer finance strategy.

SMBC, Nomura to issue digital bond with new settlement scheme

They are also working on a proof of concept for settlement of securities using digital currency.

Nomura setting up fourth banking division

Regulatory authorities likely guided it to set up a separate banking division.

Nomura Securities establishes Sustainable Innovation Investment Scheme

It will provide financial advice and financial services to support transition and innovation.

Smartpay, Chubb launch embedded insurance in Japan

Cashless payments account for 50% of consumer monthly spending in Japan.