Tohoku Bank
Encyclopedia
Tohoku Bank is a Japanese bank
that is headquartered in Morioka city, Iwate prefecture
. The term Tōhoku
refers to a greater region that encompasses the northern prefectures on Japan’s Honshū
island. In spite of this, the bank’s branches are all located in Iwate prefecture. In terms of scale, the Tohoku Bank is one of the smallest regional banks in Japan. The bank was established in November, 1950 with assets of 60 million yen.
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:...
that is headquartered in Morioka city, Iwate prefecture
Iwate Prefecture
is the second largest prefecture of Japan after Hokkaido. It is located in the Tōhoku region of Honshū island and contains the island's easternmost point. The capital is Morioka. Iwate has the lowest population density of any prefecture outside Hokkaido...
. The term Tōhoku
Tohoku region
The is a geographical area of Japan. The region occupies the northeastern portion of Honshu, the largest island of Japan. The region consists of six prefectures : Akita, Aomori, Fukushima, Iwate, Miyagi and Yamagata....
refers to a greater region that encompasses the northern prefectures on Japan’s Honshū
Honshu
is the largest island of Japan. The nation's main island, it is south of Hokkaido across the Tsugaru Strait, north of Shikoku across the Inland Sea, and northeast of Kyushu across the Kanmon Strait...
island. In spite of this, the bank’s branches are all located in Iwate prefecture. In terms of scale, the Tohoku Bank is one of the smallest regional banks in Japan. The bank was established in November, 1950 with assets of 60 million yen.
Profile
As of March 31, 2004- Assets: Approximately 576 billion yen (approximately USD 5.6 billion)
- Employees: 635
- Branches: 54, 2 representative offices
- President: Yasuhiro Hakozaki
- Member: Regional Banks Association of Japan