Question 1

What is Obihiro Shinkin Bank?

Accepted Answer

Obihiro Shinkin Bank is a regional cooperative financial institution (shinkin bank) headquartered in Obihiro City, Hokkaido, Japan. Serving the Tokachi region with 32 branches, the bank is a significant financial institution in eastern Hokkaido, providing community-focused banking services to small and medium-sized enterprises and local residents. As of March 2023, the bank reported deposits totaling 852.8 billion yen and loans of 360.7 billion yen, demonstrating its substantial role in regional finance.

Question 2

When was Obihiro Shinkin Bank founded?

Accepted Answer

Obihiro Shinkin Bank was founded on May 26, 1916, by 37 businessmen including the late Yasujiro Takakura, who served as the bank's first president. The institution underwent several reorganizations over its history before being formally reorganized under the Shinkin Bank Law in 1951. This reorganization established the modern cooperative structure that defines the bank today. With over a century of service to the Tokachi region, Obihiro Shinkin Bank has weathered numerous economic cycles and has evolved to meet changing community needs while maintaining its commitment to regional development.

Question 3

Where is Obihiro Shinkin Bank headquartered?

Accepted Answer

Obihiro Shinkin Bank is headquartered at 7-2, Nishi-3-jo-minami, Obihiro City, Hokkaido 080-8701. Obihiro is the largest city in the Tokachi region of eastern Hokkaido and serves as the region's economic, administrative, and cultural center. The city is known for its agricultural productivity, particularly in dairy farming and crop cultivation, making it a vital hub for Hokkaido's agricultural economy.

Question 4

Where does Obihiro Shinkin Bank operate?

Accepted Answer

Obihiro Shinkin Bank operates exclusively within the Tokachi region of Hokkaido, maintaining a network of 32 branches throughout the area. The Tokachi region encompasses vast agricultural lands, small cities, and rural communities in eastern Hokkaido. This focused regional presence allows the bank to develop deep expertise in the industries that define Tokachi's economy, particularly agriculture, food processing, and related businesses. The bank's comprehensive branch network ensures accessibility for residents and businesses across this geographically extensive region.

Question 5

What services does Obihiro Shinkin Bank offer?

Accepted Answer

Obihiro Shinkin Bank provides comprehensive financial services including deposit accounts, business and consumer lending, domestic exchange services, trust agency operations, public bond and investment trust sales, insurance product distribution, and private placement bond services. The bank has expanded beyond traditional banking to offer specialized services including M&A intermediary services, business startup support, management consulting, and pension advisory services. In 2009, the bank established the Regional Economic Development Department (now the Regional Management Support Department) to provide integrated support for regional development and business clients. In February 2023, the bank obtained a license for fee-charging employment placement services, launching placement operations in April 2023 to help address the human resource challenges facing local businesses, particularly in business succession scenarios.

Question 6

What makes Obihiro Shinkin Bank unique?

Accepted Answer

Obihiro Shinkin Bank distinguishes itself through innovative approaches to addressing regional economic challenges. The bank has formed strategic alliances with major personnel placement companies including PERSOL HOLDINGS, RECRUIT, and MIRAI WORKS to provide comprehensive human resource solutions for local businesses. In December 2023, the bank partnered with Sumahiro Corporation to collaborate on recruitment services using "TCRU," a job matching platform specialized for the Tokachi region. This partnership focuses on matching executive-level positions and supporting business succession, reflecting the bank's proactive approach to solving critical issues facing an aging business community. With over 39,000 members and investments totaling 1.3 billion yen in regional development initiatives, Obihiro Shinkin Bank demonstrates commitment to community prosperity beyond traditional banking metrics.

Question 7

What type of financial institution is Obihiro Shinkin Bank?

Accepted Answer

Obihiro Shinkin Bank is a Shinkin Bank (credit treasury), a cooperative financial institution operating under Japan's Shinkin Bank Law. Shinkin banks serve as regional cooperative institutions focused on small and medium-sized enterprises and local residents within designated geographic areas. Membership is open to individuals living or working in the Tokachi region and businesses with fewer than 300 employees or capital under 900 million yen. The cooperative structure means the bank prioritizes member welfare and regional economic development over profit maximization. Obihiro Shinkin Bank is supervised by Japan's Financial Services Agency and is part of the nationwide shinkin bank system coordinated by the Shinkin Central Bank, which provides central banking functions and maintains the stability of the cooperative banking sector throughout Japan.

Obihiro Shinkin Bank

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About Obihiro Shinkin Bank in Japan