consumer finance
Credit Saison's financial results for fiscal year 2024 demonstrate a period of significant growth and strategic evolution. The company achieved record-high consolidated operating profit, reflecting strong performance across its core business segments and the positive impact of specific accounting factors. Overall, the company's diverse business model,
consumer finance
Credit Saison's Indian subsidiary has begun raising funds through External Commercial Borrowing (ECB) loans. The subsidiary has signed a contract to execute a 150 million US dollar ECB loan from Mizuho Bank, which is a capital participant in Credit Saison India. Read also: "Mizuho Bank to invest
broker/dealer
The total number of SBI Securities financial product accounts intermediated through Sumitomo Mitsui Card and Sumitomo Mitsui Banking Corporation has exceeded 1 million, and the monthly investment amount for "Sumitomo Mitsui Card Regular Investment" has exceeded 85 billion yen. Since June 2021, Sumitomo Mitsui Card has partnered with
mergers & acquisitions
MUFG Bank and JACCS have been working together on group collaboration based on the alliance announced in 2008. Meanwhile, the business environment surrounding both companies has been changing rapidly, including changes in the financial environment and the advancement of digital transformation (DX). In response to these changes, while building upon
venture capital
Announced today, Gojo & Company has acquired a 9.0% stake in CJSC Bank Arvand, a commercial bank in Tajikistan, in November 2024. This is Gojo's second investment in the country following the investment in CJSC MDO “HUMO” in 2021. Arvand is the fourth largest financial institution, including
banking
In October 2023, Southeast Asia Commercial Joint Stock Bank (SeABank) officially signed an agreement to transfer SeABank’s full capital contribution at Post and Telecommunication Finance Company Limited (PTF), which is 100% of PTF’s charter capital, to AEON Financial Service, the financial arm of the AEON Group, Japan’s