() is the biggest
bank in
Chiba Prefecture
is a prefecture of Japan located in the Kantō region of Honshu. Chiba Prefecture has a population of 6,278,060 (1 June 2019) and has a geographic area of . Chiba Prefecture borders Ibaraki Prefecture to the north, Saitama Prefecture to t ...
,
Japan. Listed on the
Nikkei 225
The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950 ...
, it has branches in
Osaka
is a designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the third most populous city in Japan, following Special wards of Tokyo and Yokohama. With a population of ...
,
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
,
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, and
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
. Assets — $106.1 billion (2015).
History
Chiba bank was established in March 1943.
In June 1998,
Standard & Poor's downgraded Chiba Bank' s credit rating from A-minus to BBB-plus because of negative long-term ratings.
In October 2008, Chiba Bank, jointly with
The Daishi Bank
Daishi Hokuetsu Bank ( ja, 第四北越銀行) is a Niigata-based bank created by the 2021 merger of The Daishi Bank ( ja, 第四銀行, lit=The Fourth Bank) and Hokuetsu Bank ( ja, 北越銀行).
History
The Daishi Bank was the oldest Japa ...
and
Hokkoku Bank, hired IBM to build a Call Center System common for the three banks. In July 2010, Chiba Bank joined the
United Nations Environment Programme Finance Initiative The United Nations Environment Programme Finance Initiative (UNEP FI) is a global partnership established between the United Nations Environment Program (UNEP) and the financial sector. UNEP FI catalyses action across the financial system to align e ...
(UNEP FI).
In October 2014, Chiba Bank is the first Japanese regional bank to sell dollar bonds, issuing $300 million of notes in US dollar that month.
Description
The bank is headquartered in Chiba Prefecture, which lies adjacent to Japan's capital Tokyo on Tokyo Bay and has one of the most important industrial concentrations anywhere in Japan. The bank's strategy is to expand its branch network into adjacent prefectures along Tokyo-bound commuter rail lines. It is also putting an emphasis on developing southern Chiba Prefecture as a tourist and resort area, particularly around the city of Kamogawa.
Chiba Bank has a 36.6% market share of lending and a 23.0% share of all deposits in the prefecture. Of the bank's network of 173 branches, 154 are within Chiba Prefecture. Chiba Bank is the third-largest of Japan's 64 regional banking groups in terms of total assets. As of March 2008, it had total assets of ¥9.8 trillion and a loan portfolio topping ¥6.6 trillion, which also made it one of the world's 200 largest banks. The bank is one of the few banks that discloses
net interest margins (NIM) on their lending.
References
External links
Official website
Regional banks of Japan
1943 establishments in Japan
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