Regarding the announcement by Fukui Bank, which has a business base in Fukui Prefecture, that it will make Fukuho Bank a subsidiary, Deputy Prime Minister and Finance Minister Aso said, "We will strengthen our functions as a financial institution and local companies. It is extremely important to increase the value, "he said.
While the focus is on the reorganization of regional banks nationwide, "Fukui Bank" announced on the 14th that it will invest 5 billion yen in the same regional bank "Fukuho Bank" in Fukui Prefecture to make it a subsidiary.
Regarding this, Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting, "Fukui Bank will strengthen its function as a financial institution under the umbrella of Fukuho Bank, considering the future of the bank based on its own management decisions. It is extremely important to increase the value of local companies, "he said.
On top of that, "There are too many regional banks, and there are various opinions, but at least in order for local companies to do their best, it is extremely important that there are sound financial institutions in the region, and I hope it helps." He said that he hoped that the company would strengthen its management base by making it a subsidiary and support local companies.