Yoshitaka Kitao, president of SBI Holdings, which has entered into capital tie-ups with seven regional banks nationwide under the "Regional Bank Union Concept," said in an interview with NHK that the maximum number of regional banks to be affiliated with was about 10. He expressed negative thoughts about the business integration between regional banks, including alliances.
Among them, President Kitao said, "Providing specialized knowledge and know-how will lead to strengthening the profitability of regional banks," regarding the "Regional Bank Alliance Concept" to promote capital tie-ups with regional banks, which continue to face a difficult business environment. There is a limit to the management resources of the company, and the maximum number of partners is about 10. I think 7 banks is enough. "
On top of that, regarding the management integration of regional banks, including alliances, he said, "The most important thing is the qualitative change in management through the utilization of IT, etc. Even if the regional banks and regional banks are simply attracted, productivity will never increase." , Showed a negative idea.
On the other hand, President Kitao said about the system trouble of the Tokyo Stock Exchange, where trading of all stocks was suspended all day, "We have to think about how to recover in alternative markets when a failure occurs", and securities companies etc. He emphasized the need to foster private exchanges that operate as alternative markets.