TSE:8527 - Aichi Bank Ltd Aichi Bank Ltd
Sector: Financials, Industry: Regional Banks
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JPY 2,762    +63 (+2.33%)

22 Mar 2024


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General

Description

Aichi BankLtd. is a Japanese regional bank with operations primarily in the Aichi prefecture of the industrially oriented Tokai region. A sizable portion of the bank's customer base originates from the automobile industry. The bank's strategy emphasizes building on its regional presence. The bank and its group of subsidiaries offer a range of financial services, primarily in the areas of banking and leasing. Banking activities include deposits and loans, foreign exchange transactions, over-the-counter sales of investment trusts and life insurance products, and securities products. Just over half of its earning assets are in loans and bills discounted, followed by investment securities.

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