Question 1

What is The Shizuoka Bank?

Accepted Answer

The Shizuoka Bank is one of Japan's largest and most prominent regional banks, headquartered in Shizuoka City, Shizuoka Prefecture. As the flagship institution of Shizuoka Financial Group, the bank serves over 190 domestic branches and maintains international offices across multiple continents. The bank provides comprehensive financial services to individuals and businesses, with particular strength in the Tokai region between Tokyo and Osaka.

Question 2

When was The Shizuoka Bank founded?

Accepted Answer

The Shizuoka Bank was established on March 1, 1943, through the merger of Shizuoka Sanjyu-go Ginko (Shizuoka 35 Bank) and Enshu Ginko (Enshu Bank). This consolidation occurred during World War II as part of the Japanese government's wartime industrial consolidation policy. Since its founding, the bank has grown to become one of Japan's premier regional financial institutions, listing on the Tokyo Stock Exchange in October 1961.

Question 3

Where is The Shizuoka Bank headquartered?

Accepted Answer

The Shizuoka Bank is headquartered at 10 Gofukucho 1-chome, Aoi-ku, Shizuoka City, Shizuoka Prefecture 420-8761, Japan. Shizuoka City, the capital of Shizuoka Prefecture, is strategically positioned in the Tokai region along Japan's Pacific coast, roughly halfway between Tokyo and Osaka. This central location provides the bank with excellent access to Japan's major economic centers.

Question 4

Where does The Shizuoka Bank operate?

Accepted Answer

The Shizuoka Bank operates primarily throughout Shizuoka Prefecture, which forms the core of its business base. The bank maintains over 177 branches and 26 sub-branches across the prefecture and extends its presence to Japan's three major economic centers: Tokyo, Osaka, and Nagoya.

Internationally, the bank operates offices in New York, Silicon Valley (Los Angeles area), Brussels, Hong Kong, Shanghai, and Singapore. This global network enables the bank to support Japanese businesses expanding overseas and facilitate international trade.

The bank's extensive domestic network of over 190 branches, combined with strategic international offices, positions it as a first-class regional financial group with both local expertise and global reach.

Question 5

What services does The Shizuoka Bank offer?

Accepted Answer

The Shizuoka Bank provides comprehensive banking services including deposits, loans, trust banking, domestic and foreign exchange, and payment services. Retail banking services encompass various deposit accounts, housing loans, consumer finance, asset management solutions including investment trusts, and insurance products.

Corporate banking services include commercial lending, business loans, working capital financing, leasing through subsidiaries, and venture capital investments. The bank offers wealth management services, securities trading through Shizugin TM Securities, and real estate investment advisory services.

Digital banking services include robust Internet banking platforms for both personal and corporate customers, mobile banking applications, and online investment services. The bank provides comprehensive business consulting through Shizugin Management Consulting, including support for business turnarounds, succession planning, management improvement, and startup assistance. Additional services include credit card operations, credit guarantees, and various subsidiary-provided specialized services.

Question 6

What makes The Shizuoka Bank unique?

Accepted Answer

The Shizuoka Bank distinguishes itself as one of Japan's largest and strongest regional banks, consistently receiving high credit ratings from international agencies. As of July 2024, Moody's rated the bank A1/P-1 and Standard & Poor's rated it A-/A-2, among the highest ratings for any Japanese financial institution.

In 2002, Fitch Ratings praised the bank, noting its "overall performance and strength indicators are superior to any of the major Japanese banks." The bank maintains a remarkably low ratio of risk-management loans at 0.95% as of March 2024.

The bank's New York branch was located in the World Trade Center during the September 11, 2001 attacks, but fortunately none of its employees were killed. The Shizuoka Bank maintains strong ties to Mitsubishi UFJ Financial Group through joint venture subsidiaries.

With total assets exceeding 1.14 trillion yen and comprehensive group operations spanning 16 subsidiaries, the bank provides sophisticated financial solutions while maintaining its commitment to regional development and community prosperity.

Question 7

What type of financial institution is The Shizuoka Bank?

Accepted Answer

The Shizuoka Bank is a Regional Bank (地方銀行, Chiho Ginko), the largest and most prominent category among Japan's regional financial institutions. Despite the "regional" designation, it ranks among Japan's most substantial banks.

The bank is the core entity of Shizuoka Financial Group, a publicly traded financial holding company listed on the Tokyo Stock Exchange Prime Market (ticker: 5831). The bank is also included in the Nikkei 225 stock index, reflecting its significance in Japan's financial sector.

As a regional bank supervised by Japan's Financial Services Agency and operating under the Banking Act, The Shizuoka Bank serves as critical financial infrastructure not only for Shizuoka Prefecture but also for the broader Tokai region. The bank exemplifies how regional banks can achieve scale and sophistication while maintaining deep community connections.

The Shizuoka Bank

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About The Shizuoka Bank in Japan