Suruga Bank, a large-scale illegal loan, to sell all shares held by the founder

Suruga Bank, a large-scale fraudulent loan, to sell all the shares held by the founder October 25, 19:14

Suruga Bank in Shizuoka Prefecture, where large-scale fraud has become a problem, announced that it has decided to sell all the shares of Suruga Bank held by the founder. Banks want to accelerate their rebuilding by eliminating relationships with founders and eliminating the impact on management.

Suruga Bank announced on May 25 that it has signed an agreement to sell all shares of Suruga Bank owned by the founder and the family company involved with the founder to Nojima, a consumer electronics retailer.

Suruga Bank has been involved in management for over 120 years, but the sale of shares completely eliminates the relationship.

On the other hand, Nojima will be the largest shareholder with an 18% stake in Suruga Bank.

Suruga Bank revealed a lot of fraud in loans for investment real estate centered on share houses, and the management team resigned from former founder's former chairman Mitsuaki Okano, chairman of the management, and could not prevent fraud The challenge was to eliminate the involvement of founders in management.

Suruga Bank wants to accelerate its restructuring by shifting from real estate loans that have become fraudulent hotbeds to individual financial services.

Suruga Bank "Founder-oriented management is a problem"

Regarding the sale of all the shares of Suruga Bank, owned by the founder of Suruga Bank, to Nojima, a consumer electronics retailer, "We have been working hard to break down the relationship, but we can make great progress in the business improvement plan by eliminating the relationship. We want to continue working to restore lost trust and trust." The