Two Shinkin banks in Tokyo's Adachi and Katsushika wards are merging for the first time in Tokyo in 19 years. Adachi Seiwa Shink in Bank, whose head office is located in Adachi Ward, and Toei ShinkIn Bank, have agreed to merge by October next year.

The aim is to strengthen the management base through the merger, review store functions and strengthen support for businesses. The new name after the merger is expected to be decided through public recruitment from staff.