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「The Chiba Bank, Ltd. (千葉銀行)」has the largest market share in Chiba Prefecture, and the second largest regional bank after「Bank of Yokohama(横浜銀行)」in total asset. Among Japanese regional banks, this bank has relatively long history and is known for high level of benefits and work environment.The number of consolidated employees is approximately 4,420.
1. Company Profile
2. Summary and Features
3. Major Business
4. Financial Information
1. Company Profile
※Unit is JPY million, as of 2019
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Company name |
The Chiba Bank, Ltd. |
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Company name (Japanese) |
千葉銀行 |
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Date of establishment |
Wednesday, March 31, 1943 |
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Headquarters location |
〒260-8720 千葉県千葉市中央区千葉港1番2号 |
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Capital |
145,069 |
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Consolidated sales |
238,616 |
|
Consolidated operating profit |
72,467 |
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Consolidated total assets |
14,964,129 |
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Consolidated capital |
952,267 |
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Capital adequacy ratio |
6.4% |
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Consolidated number of employees |
4,420 |
2. Summary and Features
Soon after the outbreak of the Pacific War, the Japanese military promoted a joint banking policy as a part of strengthening the wartime regime. Under this policy, many banks that existed in Chiba Prefecture in 1943, became integrated, and「Chiba Bank」was established as a representative bank of Chiba prefecture. After that, they opened 160 branches in Chiba area and built a community-based branch network, in order to secure high market share in Chiba Prefecture.
Recently,「Chiba Bank」has been focusing on strengthening the retail sector, and thanks to this, they become the largest regional bank in terms of investment trust balances and annuity insurance sales. This bank is also aggressively conducting new business development by opening branches and corporate offices in Tokyo's 23 wards, eastern Saitama prefecture, and southern Ibaraki prefecture. In March 2016, they established a「Chiba-Musashino Alliance(千葉・武蔵野アライアンス)」with「Musashino Bank(武蔵野銀行)」, showing a new model of regional bank collaboration that does not depend on business integration.
The interesting part of「Chiba Bank」is, its overseas expansion. Most Japanese regional banks have a community-based business model for where they originated, so they do not care about overseas expansion.「Chiba Bank」, however, it has branches in New York, London and Hong Kong, and has representative offices in Shanghai, Singapore and Bangkok. They also have a branch at Narita International Airport that specializes in currency exchange and remittance. In addition,「Chiba Bank」made a business alliance with a major Chinese banks, this is a very unique feature as a Japanese regional bank.
At present, almost every provincial cities in Japan have experienced population decline. To overcome this negative tendency, many regional bank is working on business integration or alliances. In the case of「Chiba Bank」, they are comparatively free about this problem. Because Chiba prefecture is the metropolitan area, where plays the role of a bedtown for Tokyo. Therefore, unlike other regions, Chiba Prefecture is expected to have no population decline. And this is one of the unique advantage that「Chiba Bank」has so far.
3. Major Business
■ Bank business
4. Financial information
※Unit is JPY million
|
|
2016 |
2017 |
2018 |
|
Consolidated sales |
227,811 |
234,096 |
238,616 |
|
Consolidated operating profit |
77,604 |
78,484 |
72,467 |
|
Consolidated total assets |
14,095,743 |
14,381,815 |
14,964,129 |
|
Consolidated net assets |
900,550 |
943,236 |
952,267 |