2 Regional Lenders in Japan Agree to Merge in 2027
Tokyo, April 24 (Jiji Press)--Japanese regional lender Daishi Hokuetsu Financial Group Inc. and Gunma Bank said Thursday that they have reached a basic agreement on their management integration in April 2027.
The business integration is aimed at improving profitability by expanding the management scale of both sides at a time when competition among banks is intensifying due in party to the Bank of Japan's interest rate hikes and the country's declining population.
(2025/04/24-16:10)
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