HOME > BUSINESS > Article

Text Size

small

medium

large


SBI Shinsei Bank Completes Repayment of Public Funds

SBI Shinsei Bank Completes Repayment of Public Funds

   Tokyo, July 31 (Jiji Press)--Japan's SBI Shinsei Bank said Thursday that it has repaid all remaining public funds worth 230 billion yen to the government.
   For the repayment, its parent, SBI Holdings Inc., purchased SBI Shinsei preferred shares held by government-affiliated Deposit Insurance Corp. of Japan and Resolution and Collection Corp. Following the completion of repayment of public funds, SBI Shinsei is expected to be listed on a stock exchange again within this year.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
TICAD 9 to Start in Yokohama on Wed. to Discuss Aid for African Countries
ECONOMY
Taiwan's Hon Hai, Japan's SoftBank to Jointly Make Data Center Equipment in Ohio
SPORTS
Women's Tennis: Japan's Uchijima Loses in 1st Round of Cleveland Championships
OTHER
3-Year Prison Term Sought for Ex-Kadokawa Chairman over Tokyo Games Bribery

AFP-JIJI PRESS NEWS JOURNAL


Photos