Three-way deal would fight population loss with greater scale

Aomori Michinoku Bank is one of the lenders that will consider merging in a region facing rapid population decline. (Photo by Nanami Sato)

TOKYO/SENDAI/AKITA, Japan -- Three local banks in northeastern Japan are set to begin discussions on a merger that would create the largest lender in the region, Nikkei has learned.

Read Next

  • MarketsUS rate hike bets fade as revised inflation data points to October pause

  • FinanceBig Japan banks' domestic loan share marks 1st sustained post-bubble rise

  • FinanceSMFG brings in Nomura exec as latest outside hire ahead of Jefferies venture

  • Artificial intelligenceNippon Life plans $13bn for data center financing primarily in US

  • FinanceJapan railway JR Kyushu joins with SBI to offer riders financial app

  • FinanceSMBC Indonesia pivots to wealthier millennials to drive growth

  • My Personal HistoryRepaying my debt to Japan: Stephen Schwarzman (1)

Latest on Business deals

  • Business dealsJapan's regional banks in merger talks to form largest in nation's west

  • Business dealsItochu to buy Hitachi Construction Machinery's Taiwan sales unit

  • Business dealsAustralia's Challenger gets takeover bid from unit of Japan's Daiichi Life

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.