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Additional information |
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The Chukyo Bank, Limited |
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Profile:
Chukyo Bank, Ltd. (the “Bank”), founded in 1943, is a leading regional bank headquartered in Nagoya, Japan’s fourth most prominent city following Tokyo, Osaka and Yokohama. Offering regional and comprehensive financial services, the Bank bases its operations primarily in the three neighboring prefectures of Aichi, Mie, and Nara.
Aichi, Gifu and Mie prefectures are called the Three Tokai Prefectures. These prefectures are centrally located in Japan, have rich nature and surroundings, and had a population of 10,932 thousand, representing 8.6% of the total population of Japan as of March 2002. Manufacturing industries in the Three Tokai Prefectures are thriving, and the volume of goods manufactured
and shipped in these prefectures comprises 16.5% of all goods manufactured and shipped in Japan. The Aichi prefecture, where the Bank’s headquarters is located, boasts automobile industries and has been ranked at the top of all prefectures in the shipment of goods
manufactured for 26 consecutive years. Approximately 9% of GDP in Japan is produced in the Three Tokai Prefectures. This region is the focus of rising expectations, as industry and economy are actively gearing up for the 21st century as major projects, including Aichi 2005 World Exposition and the construction of the New Chubu International Airport, which will be completed in 2005, are underway.
The Bank has played an active role in supporting regional developmental and promotional
projects, and is enthusiastically working to make even greater contributions to the development of the region.
As of the end of March 2003, the Bank was comprised of a network of 98 domestic branches, including Tokyo and Osaka, and had agency agreements with 176 correspondent banks comprised of 586 branches, which covered 220 cities among 63 countries. Through its extensive network, the Bank is able to provide accurate and valuable financial services to its customers. |
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Asset Under Management:
1,564,912 Millions of Yen |
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