青森銀行 みちのく銀行 来年持ち株会社設立へ 3年後合併視野 nhk.or.jp - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhk.or.jp Daily Mail and Mail on Sunday newspapers.
Consolidation would underscore plight of regional lenders Policymakers fret pandemic may saddle banks with bad loans Consolidation will give new bank 70% share in prefecture (Adds milestone, reported comment from bank head, context on struggling borrowers)
TOKYO, May 11 (Reuters) - Two regional banks in Japan’s northern prefecture of Aomori said they were considering consolidating, joining a flurry of lenders seeking to survive amid narrowing margins from a rapidly ageing population and ultra-low interest rates.
If the deal materialises, it could become the first case under a revised law that took effect in November exempting regional bank consolidations from antitrust rules.
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TOKYO, May 11 (Reuters) - Two regional banks in Japan’s northern prefecture of Aomori said they were considering consolidating their businesses, joining a flurry of lenders seeking to survive amid narrowing margins from a rapidly ageing population and ultra-low interest rates.
Aomori Bank and Michinoku Bank, both listed lenders based in Aomori, said in a statement on Tuesday they were “considering” a business consolidation.
The statement came in response to a report by public broadcaster NHK on Monday they were in talks to consolidate, a move that would give them a 70% share in the prefecture.
“Regional banks are facing a difficult business environment,” Finance Minister Taro Aso told reporters, when asked about the reported talks.
UPDATE 1-赤木ファイルの存在を事務方から聞いたのは4月20日ごろ=麻生財務相 reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
赤木ファイルの存在を事務方から聞いたのは4月20日ごろ=麻生財務相 reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.