AKITA BANK,LTD.THE

Location

AKITA

Founded

1879-01-29

Risk Signals

41 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Commercial Banks, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about AKITA BANK,LTD.THE

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Two regional banks in Akita Prefecture posted higher sales and profits in the 4th fiscal year

2023-05-12 (sankei.com)

Two regional banks in Akita Prefecture posted higher sales and profits in the 4th fiscal year

The settlement of accounts for the term ending March 2023 of two regional banks in Akita Prefecture was released on the 12th. The Akita Bank (Akita City) posted non-consolidated ordinary profit of 4,833 million yen, up 2.1% year-on-year, and net profit of 3,366 million yen, up 0.7% year-on-year. Core net business profit, which is profit from the main business, increased by 47.0% to 9,252 million yen. It was the first time in eight years that both sales and profits increased. Credit-related costs such as corporate bankruptcy processing decreased by more than 60% to 625 million yen, but President Akihiro Shintani expects 1 billion yen for this fiscal year, saying, "The outlook for corporate performance is not yet optimistic due to the impact of the corona crisis." . The Hokuto Bank (same) ordinary income on a non-consolidated basis increased by 1.4% year-on-year

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Declaration of Collaboration and Cooperation for Promoting Employment and Settlement of Students in the Prefecture ~Akita's Future Created by Human Resources <<Caripita AKITA>>~

2021-12-06 (prtimes.jp)

Declaration of Collaboration and Cooperation for Promoting Employment and Settlement of Students in the Prefecture ~Akita's Future Created by Human Resources <<Caripita AKITA>>~

Akita Bank, Ltd. press release (December 6, 2021, 11:39) Declaration of collaboration and cooperation to promote student employment and settlement in the prefecture-The future of Akita created by human resources <<Calipita AKITA>>-

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Akita Bank and JETRO sign agreement to support overseas expansion of SMEs - NHK Akita Prefecture News

(nhk.or.jp)

Akita Bank and JETRO sign agreement to support overseas expansion of SMEs - NHK Akita Prefecture News

Akita Bank and JETRO agree to collaborate and support overseas expansion of SMEs Akihiro Shintani, President of Akita Bank, said, "As the population decline progresses and the market in the prefecture shrinks, considering the growth of business operators, it is necessary to further expand overseas sales channels. We would like to utilize our network and support know-how." JETRO Chairman Nobuhiko Sasaki said, "By strengthening cooperation, we would like to create many successful cases and contribute to the revitalization of Akita's economy through overseas business." 09/29 19:14

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