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Yamagata Bank

 
Hoover's Profile: The Yamagata Bank, Ltd.
 
(Tokyo:83440)
Contact Information
The Yamagata Bank, Ltd.
1-2 Nanokamachi 3-chome
Yamagata 990-8642, Japan
Tel. +81-23-623-1221

Type: Public
On the web: http://www.yamagatabank.co.jp
Employees: 1,446

The Yamagata Bank provides banking and other financial services to customers in the Yamagata region of Japan. The bank serves the retail and commercial markets from about 80 branches and six subsidiaries. Services include credit guaranty, leasing, personnel placement, real estate management, and software development. Yamagata Bank was founded in 1896.

Key numbers for fiscal year ending March, 2008:
Sales: $430.8M

Officers:
President: Kichishige Hasegawa
Senior Managing Director: Hidetaka Suzuki

Competitors:
Aozora Bank
Mitsubishi UFJ Financial Group
Shizuoka Bank

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Wikipedia: Yamagata Bank
 

The Yamagata Bank, Ltd. (株式会社山形銀行 Kabushiki-gaisha Yamagata Ginkō?) (TYO: 8344) is a Japanese bank that is based out of Yamagata city, Yamagata prefecture. Most of the bank’s branches are in Yamagata prefecture, or other major cities in the Tohoku region, with a branch in Tokyo as well. The principal shareholders as of March, 2005 were the The Bank of Tokyo-Mitsubishi, Ltd. and Meiji Yasuda Life Insurance Company.

Yamagara Bank's Main Office (Dec. 2005)

Profile

As of March 31, 2005:

  • Assets: Approximately 1.6 trillion yen (approximately 14 billion USD)
  • Employees: 1,492
  • Branches: 83 (74 inside Yamagata prefecture)
  • President: Kichishige Hasegawa
  • Member: Regional Banks Association of Japan

History

Yamagata Bank can trace its origins to 1878, when The 81st National Bank was founded. In 1897, this bank was later absorbed by the Ryouu Bank, which was established one year earlier. The bank merged with numerous small financial institutions over the first half of the 20th century, and finally changed its name to its present form in 1965. In October, 2005, Yamagata Bank, along with the Saitama Resona Bank, 82 Bank and Hokkoku Bank jointly injected funds into an American subsidiary of Sanken Electric Co. Ltd. after Sanken purchased Minnesota-based semiconductor producer PolarFab.

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Wikipedia. This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Yamagata Bank" Read more