“FUKUOKA FG” Established the first online bank for regional banks as a new profit pillar August 6 21:58
As the local bank's management environment has become more severe, the Fukuoka Financial Group has decided to create a new online bank to focus on services using smartphones. The establishment of an online bank is the first for regional banks nationwide.
According to the officials, the Fukuoka Financial Group, which is based in Fukuoka and is affiliated with Fukuoka Bank, has established a policy to create a new bank dedicated to the Internet.
The name of the Internet specialized bank is adjusted based on the concept of “Minna no Bank”.
Established a close preparation company, have decided to aim the acquisition of the banking license from the Financial Services Agency to prospect through the next fiscal year, it will be the first in the country of the regional banks If realized.
The Fukuoka Financial Group is the largest regional bank group in Kyushu, but the low interest rate has continued under the Bank of Japan's negative interest rate policy, and the business environment has become increasingly severe due to the continued entry of smartphone payment services by IT companies and others. .
For this reason, in order to create a new profit pillar, we intend to expand services centered on smartphones by establishing an internet bank. In addition, we plan to strengthen this field in cooperation with the group companies that handle the latest financial technology and fintech.
With regard to online-only banks, LINE has become active with the aim of entering the market jointly with the Mizuho Financial Group.