Japan
Mizuho Bank, partners launch support service for J-Credit creation
Mizuho Bank, partners launch support service for J-Credit creation
Mizuho, IHI, and Fujitsu aim to create a one-stop digital service.
MUFG names Yoshi Katsuda as Middle East regional head
Katsuda was most recently part of the GCIB Planning Division in Tokyo.
Natixis CIB appoints Saburo Koyama as head of aviation finance in Japan
He set up the Marubeni Corp’s first aircraft leasing arm, MD Aviation Capital.
SMBC joins Project Agora to explore tokenized cross-border payments
Project Agora involves BIS and seven central banks globally.
MUFG Bank invests in the Japan Hydrogen Fund
The fund aims to accelerate the use of hydrogen and scale its supply chain.
Mizuho Bank invests $3.5m in metal parts and 3D printer startup
The metal parts produced are used in various sectors, like aerospace.
MUAM to establish new organisation for credit investment
This will commence on 1 October.
MUFG boosts energy market presence with trading approvals, stake buy
It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.
MUFG to support info and comm infrastructure projects in Uzbekistan
MUFG will work with authorities to increase capacity for organising internet channels, amongst others.
Japan’s Rakuten Bank surpasses $74.75b in deposits
The bank reported over 16 million accounts as of July 2024.
Japan’s SMFG reports higher Tier 1 capital and ratio for 2024
But its total capital ratio was slightly lower than a year ago.
Japan’s card payments market value to grow 10.8% in 2024
Credit and charge cards made up 96.5% of all card payment transactions.
Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June
This is 0.66 percentage points (ppt) higher than in March 2024.
Japan Post Bank’s net income up 10.8% in Q1
Net income per share is JPY26.61.
Norinchukin’s capital raising signals support, but high rates still a problem
Unrealised losses on bonds climbed higher in Q2.
Higher interest and fees lift Japan’s SMFG to record profit for Q1
Net interest income is expected to rise by a further JPY100b.
Norinchukin Bank redeeming over $4.6b of perpetual loans
The redemption is part of the bank's efforts to improve its investment portfolio.
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