is the largest

regional bank A regional bank is a depository institution, i.e. a bank, savings and loan, or credit union, which is larger than a community bank, which operates below the state level, but smaller than a national bank, which operates either nationally or intern ...

in Japan, operating mainly in

Kanagawa Prefecture is a prefecture of Japan located in the Kantō region of Honshu. Kanagawa Prefecture is the second-most populous prefecture of Japan at 9,221,129 (1 April 2022) and third-densest at . Its geographic area of makes it fifth-smallest. Kanag ...

and southwestern

Tokyo Tokyo (; ja, 東京, , ), officially the Tokyo Metropolis ( ja, 東京都, label=none, ), is the capital and List of cities in Japan, largest city of Japan. Formerly known as Edo, its metropolitan area () is the most populous in the world, ...

. It currently operates 610 offices in Japan and five offices overseas (Shanghai, Hong Kong, Bangkok, New York and London).

History

The bank was founded in 1920 as a regional bank to serve customers in

and southwestern Tokyo. It was formed in the wake of the collapse of several existing banks in the region, one of which (Dai-Ni Bank) began operations in 1869 as Yokohama Bank (横浜為替会社), the first modern financial institution in Japan; consequentially, Bank of Yokohama claims to have the longest history of any Japanese bank. In 2015, Bank of Yokohama announced a merger with the smaller Higashi-Nippon Bank to create

Concordia Financial Group Concordia may refer to: * Concordia (mythology), the Roman goddess who embodies agreement in marriage and society Businesses and organizations Educational institutions * Concordia University (disambiguation), for Concordia University, Conco ...

, the largest regional

bank holding company A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well. United States ...

in Japan. Upon completion of this transaction in March 2016, Bank of Yokohama was de-listed, and Concordia took its place as a constituent of 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 ...

stock market index.

Group Companies

* Hamagin Tokai Tokyo Securities * Hamagin Research Institute * Hamagin Finance * Yokohama Capital * Yokohama Guarantee * Yokohama Staff Service * Yokohama Operation Service * Hamagin Mortgage Service * Hamagin Business Operations Center * Bankcard Service Japan

References

External links

* Wiki collection of bibliographic works on Bank of Yokohama Regional banks of Japan Companies based in Yokohama Companies listed on the Tokyo Stock Exchange Companies based in Kanagawa Prefecture Banks established in 1920 Japanese brands Japanese companies established in 1920 {{Japan-company-stub

History

Group Companies

See also

References

External links