Japan

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.

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.

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.