SBI and three banks to establish a new company with local support from local companies 13:59 June 8
SBI Holdings, a major online finance company, and government-affiliated financial institutions and major and regional banks have decided to jointly create a new company to support regional companies. We will support the expansion of sales channels for local companies, which are becoming more severe due to the new coronavirus.
According to the announcement, SBI Holdings has agreed to establish a new company to support regional companies, including the Development Bank of Japan, a government-affiliated financial institution, the Shinsei Bank, a major bank, and a regional bank in Yamaguchi Prefecture, and Yamaguchi Financial Group. Let's start a concrete examination.
The new companies will use their sales networks and IT-related technologies to advise local companies to expand their sales channels and expand into new fields. It also says that it will actively invest in venture companies to boost local businesses. It is unusual for internet finance and government-affiliated, major, and local banks to work together, and each aims to expand new transactions by supporting local companies in a difficult situation due to the influence of the new coronavirus.
Yoshitaka Kitao, president of SBI, said in a press conference, “Without regional revitalization, we believe that it will be difficult to achieve regional economic growth and eventually economic growth for Japan as a whole. We would like to gather innovative ideas and solve regional problems. ".