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Shimane Bank, SBI Holdings to Form Capital, Biz Tie-Up

Shimane Bank, SBI Holdings to Form Capital, Biz Tie-Up

   Matsue, Shimane Pref., Sept. 6 (Jiji Press)--Japanese regional lender Shimane Bank <7150> said Friday that it has agreed to form a capital and business partnership with online financial services giant SBI Holdings Inc. <8473>.
   The SBI group will invest 2.5 billion yen in Shimane Bank to become its largest shareholder with a stake of 34 pct in terms of voting rights. Payments are set for Nov. 29.

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