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Japan Post Bank
 | |
 Headquarters in Ōtemachi, Chiyoda, Tokyo | |
| Company type | Subsidiary |
|---|---|
| TYO: 7182 | |
| Industry | Financial services |
| Founded | 1 September 2006 |
| Headquarters | , |
Key people | Norito Ikeda (President and Representative Executive Officer), Susumu Tanaka (Representative Executive Vice President)[1] |
| Products | |
| Revenue | ¥1.85 trillion (2019)[2] |
| ¥266 billion (2019)[2] | |
| AUM | ¥229.6 trillion (2022) (US$1.75 trillion)[3] |
| Total assets | ¥205 trillion (2019)[2] |
Number of employees | 12,800 (2019)[2] |
| Parent | Japan Post Holdings (88.99%) |
| Website | www.jp-bank.japanpost.jp |
Japan Post Bank Co., Ltd. (株式会社ゆうちょ銀行, Kabushiki gaisha Yūcho Ginkō) is a Japanese bank headquartered in Tokyo. It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake.
It is a major financial institution that started in 1875 as a postal savings system, and that still today continues to operate primarily out of post office branches. It manages over ¥205 trillion of assets and offers services in almost 24,000 branches across Japan.[2] At times in its history, it was the largest financial institution in the world.[4] Since its conception, it has played a significant role in both making economic services to people in Japan and making investments towards the economic and industrial development of the country.[4]
Throughout the vast majority of its history, Japan Post Bank had always been fully government owned and organizationally a part of the postal system. In 2007, a bill was passed to begin the privatization of Japan Post Bank and to create separate companies to handle the distinct responsibilities of Japan Post.[5] The government's sale of its shares in Japan Post Bank and its holding company are still ongoing.[6]
- ^ "Executives-JAPAN POST BANK". Japan Post Bank. 1 July 2020. Retrieved 29 July 2020.
- ^ a b c d e Cite error: The named reference
Report 2019was invoked but never defined (see the help page). - ^ "in Part of Management Scale". ww.jp-bank.japanpost.jp. 31 March 2022.
- ^ a b Cite error: The named reference
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