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Company Profile

Joyo Bank

The Joyo Bank, Ltd. is a Japanese regional bank that is headquartered in Mito city, Ibaraki Prefecture. The bank is relatively large among Japanese regional lenders, and operates branches throughout the Kantō region. In addition to branches in Miyagi, Fukushima, Chiba, Saitama, Tokyo, and Osaka prefectures, the bank also operates a representative office in Shanghai. While the bank has many stakeholders, prominent shareholders include the Bank of Tokyo-Mitsubishi, along with several major Japanese insurance companies

History
The Joyo Bank can trace its roots back to the Meiji era in 1878 with the establishment of the and the . These two institutions merged on July 30, 1935 to form the Joyo Bank. During the 1980s and 1990s, the Joyo Bank opened up representative offices in major markets such as New York City (1987 – 2002), London (1982 – 2000), Hong Kong (1994 – 1999), and Shanghai (est. 1996). Of these, only the Shanghai office remains open. As of March 31, 2005 :Assets: Approximately 6.1 trillion yen (approximately US$56 billion) :Employees: 3,512 :Branches: 145 branches, 25 sub-branches, 1 overseas representative office :President: Kunio Onizawa :Member: Regional Banks Association of Japan Since this time, the bank has merged with several other regional banks. ==External links==
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