Chugoku Bank, Ltd.
| File:Chūgoku Bank Logo.svg File:Chyugoku Bank honten.JPG | |
| File:Chyugoku Bank honten.JPG | |
| subsidiary | |
| ISIN | 🆔JP3528800008 |
| Industry | Banking |
| Founded 📆 | December 21, 1930 (as Kabushiki gaisha Chūgoku Ginkō) |
| Founder 👔 | |
| Headquarters 🏙️ | , Okayama , Japan |
Area served 🗺️ | |
Key people | Sadanori Kato (加藤 貞則, President and CEO)[1] |
| Revenue🤑 | ¥116,907,600,000 (Consolidated, March 2021) ¥99,765,000,000 (Standalone, March 2021) |
| ¥21,252,000,000 (Consolidated, March 2021) ¥19,045,000,000 (Standalone, March 2021) | |
| ¥14,418,000,000 (Consolidated, March 2021) ¥13,007,000,000 (Standalone, March 2021) | |
| Total assets | ¥9,131,062,000,000 (Consolidated, March 2021) ¥9,122,688,000,000 (Standalone, March 2021) |
| Total equity | ¥562,197,000,000 (Consolidated, March 2021) ¥544,007,000,000 (Standalone, March 2021) |
| Members | |
Number of employees | Consolidated: 3,171 Standalone: 2,792 |
| Parent | Chugin Financial Group |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
(Marugame-cho, Takamatsu City Central Shopping District)
The Chugoku Bank, Limited (Japanese: 中国銀行 Hepburn: Chūgoku ginkō) is a Japanese regional bank headquartered in the Kita-ku district of Okayama. It is a designated financial institution in Okayama Prefecture. The bank also has many branches in Hiroshima Prefecture (especially the Bingo region) and Kagawa Prefecture. Its abbreviation is Chūgin (中銀).
Overview
The Chugoku Bank is a regional bank that grew through mergers and acquisitions of many small and medium-sized banks in Okayama Prefecture, the Bingo region of Hiroshima Prefecture, and Kagawa Prefecture. It was established on December 21, 1930, as the Chūgoku Bank, following the merger of the First Joint Bank and Sanyo Bank, and has since been the largest bank in Okayama Prefecture.
In Okayama Prefecture, where the bank is headquartered, it is recognized as the main bank by the largest number of companies. According to a main bank survey released by Teikoku Databank in 2020, out of 23,957 companies, the bank held a 47.21% share in 11,311 companies.[2]
The oldest predecessor of the bank is the 86th National Bank, which was established in present-day Takahashi City. At the same time, the 22nd National Bank was established in Okayama City, which had a significant influence on the regional economy as the largest bank in Okayama Prefecture at that time. However, due to the impact of the First Sino-Japanese War and subsequent depression, its business condition deteriorated rapidly and it was absorbed into the Yasuda zaibatsu as a subsidiary bank. It was integrated into the Yasuda Bank (now Mizuho Bank) on November 1, 1923, and thus disappeared as a regional bank from Okayama Prefecture.
Branches
In addition to its headquarters in Okayama Prefecture, the bank has multiple branches in neighboring prefectures of Hiroshima, Kagawa, and Hyogo. The bank has one branch each in Osaka's Chūō-ku and Tokyo's Chūō. It also has branches in Shikokuchūō and Yonago. The bank has one overseas branch located in Hong Kong.
The former Chugoku Bank Kurashiki Honcho Branch Office (formerly the First Bank Kurashiki Branch), located in the Kurashiki Bikan historical district, is a Renaissance-style building completed in 1922 (Taisho 11) and is designated as an Important Cultural Property of Kurashiki City (designated on December 10, 2018[3][4]).
The Bingo region (eastern Hiroshima Prefecture) is a semi-local area for the bank. Due to the large number of mid-sized and small manufacturing companies in the region, it has been positioned as a key area for the bank. The bank has many branches located in Fukuyama City and competes with Hiroshima Bank and others. At the intersection of National Route 2 and Fukuyama Ekimae-dori (in front of Fukuyama Post Office), the Fukuyama branch of the Chugoku Bank and the Fukuyama Sales Headquarters of Hiroshima Bank are located on opposite sides of Fukuyama Ekimae-dori. The Mizuho Bank Fukuyama Branch is located diagonally opposite the intersection, and the Hyakujushi Bank Fukuyama Branch is located adjacent to the Chugoku Bank Fukuyama Branch.
On the signs of each branch located in Tokyo, Osaka, Kobe (and other parts of southeastern Hyogo Prefecture), the words "Headquarters: Okayama City" (Japanese: 本店 岡山市) are added to distinguish it from the Bank of China, a commercial bank from China that also operates in Japan.
Previously, the bank had a branch on the 90th floor of the North Tower of the World Trade Center in New York City, but it was downgraded to an overseas office after the building collapsed during the September 11 attacks.[5] The overseas office also has branches in Shanghai, Singapore, and Bangkok. In Shanghai, to distinguish it from "Bank of China," it is referred to as "Japanese Chugoku Bank".[6]
References
- ↑ https://www.chugin.co.jp/company/
- ↑ Okayama Prefecture Main Bank Survey (2020), Teikoku Databank, December 14, 2020.
- ↑ Former First Combined Bank Kurashiki Branch, Kurashiki City
- ↑ Due to being designated as an Important Cultural Property of Kurashiki City, it was deregistered as a Registered Tangible Cultural Property (building).
- ↑ "「9・11」90階の地銀支店、脱出10分後に職場が崩落…2001年9月［あれから］＜16＞". Yomiuri Shimbun. 2021-09-12. Retrieved 2021-09-13.
- ↑ Overseas Branches and Offices, Chugoku Bank
External links
- Official website (in Japanese)
This article "Chugoku Bank" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Chugoku Bank. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
