Nanto Bank
Encyclopedia
is a regional bank that mainly operates in Nara Prefecture
Nara Prefecture
is a prefecture in the Kansai region on Honshū Island, Japan. The capital is the city of Nara.-History:The present-day Nara Prefecture was created in 1887, making it independent of Osaka 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...

. The bank, established in June 1934, has 130 domestic branches as well as representative offices in 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...

 and Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...

, China.

The Nanto Bank commands 48.4% of all deposits and 50.5% of all lending in Nara Prefecture that mainly serves as bedroom communities for neighboring 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...

, with a population of 1,421,000. The total assets of the bank reached 4.61 trillion yen as of March 2009.

The bank provides general banking services such as deposits, loans, and exchange transactions, as well as other financial services including securities brokerage, letter of credit, credit cards, leasing, and software development. Due to the recent shrinking tendency in population in Nara, the strategy of the Nanto Bank is to seek growth in neighboring Osaka while providing wealth management products to the retail banking market in Nara.

External links

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