Chiba Bank
Encyclopedia
is the biggest bank
in Chiba Prefecture
, Japan
. Listed on the Nikkei 225
, it has branches in Osaka
, New York
, London
, and Hong Kong
.
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. It employes a full-timer staff of 3,675.
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. 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.
The bank’s strategy is to expand its branch network into adjacent prefectures along Tokyo-bound commter 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. The bank is well-managed and, although it posted a net loss in FY3/02 in finally clearing up 1980-vintage non-performing loans, it has since recorded six straight years of record earnings.
Bank
A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...
in Chiba Prefecture
Chiba Prefecture
is a prefecture of Japan located in the Kantō region and the Greater Tokyo Area. Its capital is Chiba City.- History :Chiba Prefecture was established on June 15, 1873 with the merger of Kisarazu Prefecture and Inba Prefecture...
, Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
. Listed on the Nikkei 225
Nikkei 225
The , more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average , is a stock market index for the Tokyo Stock Exchange . It has been calculated daily by the Nihon Keizai Shimbun newspaper since 1950. It is a price-weighted average , and the components are reviewed once a year...
, it has branches in Osaka
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
, New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...
, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, and Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
.
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. It employes a full-timer staff of 3,675.
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. 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.
The bank’s strategy is to expand its branch network into adjacent prefectures along Tokyo-bound commter 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. The bank is well-managed and, although it posted a net loss in FY3/02 in finally clearing up 1980-vintage non-performing loans, it has since recorded six straight years of record earnings.