Japan Post Bank's Japan Post Bank has decided to further invest in local small and medium-sized enterprises through funds.
The aim is to strengthen our own profitability by supporting the development of sales channels for investees, leading to business growth, and earning dividend income and gain on sale of stocks.
According to the announcement, Japan Post Bank's Japan Post Bank will further invest in local small and medium-sized enterprises that have potential through the fund and companies that have just started.
Based on the bank's nationwide network, we hope to support the development of sales channels for the companies in which we invest, and jointly develop products to lead to business growth.
On top of that, we aim to strengthen our own profitability by earning dividend income from stocks and gains on sales associated with listing.
Japan Post Bank, which is not allowed to lend to companies by law, manages funds with government bonds, etc., but securing sustainable profits is an issue.
At a press conference, Japan Post Bank President Norito Ikeda said, "I would like to steadily support small and medium-sized enterprises through funds, rather than lending like other banks."