SBI Holdings Seen Investing in Tohoku Bank
Tokyo, Aug. 20 (Jiji Press)--Major Japanese online financial service group SBI Holdings Inc. is in talks on forming a capital and business tie-up with Tohoku Bank, which is mainly operating in Iwate Prefecture, part of the Tohoku northeastern Japan region, it has been learned.
SBI Holdings is expected to acquire an equity stake of about 3 pct in the bank, which is listed on the Standard section of the Tokyo Stock Exchange, informed sources said.
(2025/08/20-08:44)
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