Business alliance with Ehime Bank Yamaguchi Financial Group January 22, 18:49

Ehime Bank, which has a head office in Matsuyama City, has entered into a business alliance with Yamaguchi Financial Group, a financial group headquartered in Yamaguchi Prefecture, to improve services while the business environment is becoming more severe due to a declining population. Was announced.

According to the announcement, Ehime Bank decided to enter into a business alliance with Yamaguchi Financial Group at a meeting of the Board of Directors on March 22, and signed a contract.

Specifically, the company will collaborate in five areas, including financing for the shipbuilding and shipping industries and expanding services for individuals, and plans to further refine the details of the alliance in the future.

Yamaguchi Financial Group is based on the Seto Inland Sea area of ​​the Yamaguchi Bank, which has a head office in Shimonoseki City, Yamaguchi Prefecture, the Momiji Bank, which has a head office in Hiroshima City, and the Kitakyushu Bank, which has a head office in Kitakyushu City. Is a financial group with three regional banks under its umbrella.

At a press conference, Yoshinori Nishikawa, President of the Ehime Bank, stated that `` While population decline is unavoidable, it is possible to provide better services to local people than to cooperate alone, '' and regarding future business integration and capital alliance Denied.

Ehime Bank has shown a cautious stance on cooperation between regional banks until now.However, in the form of a change in policy as the business environment has become increasingly severe, such as prolonged low interest rates and the entry of different industries, The question is whether it will lead to a strengthening of the revenue base.