Japan
Mizuho Financial Group reports $1.71b in profits for Q1 FY2023
Net income per share of common stock is JPY96.75 for the quarter.
Mizuho Financial Group reports $1.71b in profits for Q1 FY2023
Net income per share of common stock is JPY96.75 for the quarter.
Mizuho Bank highlights innovation in new corporate tagline
It comes after the Japanese megabank launches its new medium-term business plan.
SMBC Group's Jenius Bank offers personal loans to US market
Jenius Bank plans to expand its services through savings products and a mobile app.
Mizuho Securities US aims for 100 hires by next year
The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.
SBI Holdings now own 53.74% stake in SBI Shinsei Bank: report
Shinsei is preparing to delist and return $2.43b in public funds.
Japanese regulator sounds out megabanks on China geopolitical risks: report
Its three megabanks have a total credit exposure of $64b to China.
JCB cards now serviceable through EazyPay in Bahrain
JCB card holders can now be used through the Bahrain-based service provider.
UOB opens 10th FDI Advisory Centre in Japan
Since its launch, the advisory unit supported about 4,000 companies investing in the region.
JCB reduces GHG emissions by 54.4% in 2022
It also shared the initiatives which took place last year.
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Japanese insurers, banks to build sustainable finance platform
The collaboration seeks to build a digital platform for investment institutions.
MUFG Bank buys JPY600m shares in metaverse company TBT Lab
The bank will help develop the financial functions of the planned Japan Metaverse Economic Zone
Sumitomo Mitsui Banking Corporation’s net profit up to $9.34b for FY2022
Year-end dividend per share is JPY125 or US$92.
Foreign JCB cardholders offered Tokyo Tower discounts
They can avail a 30% discount on the admission fee until 30 April 2024.
Japan’s Chiba bank to maintain above domestic average profitability
The bank will maintain strong loan quality and liquidity, Moody’s said.
Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s
Diversifying its bond portfolio will improve profits but exposes it to more risk.
MUFG halfway to its 2030 sustainable finance target
The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.
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