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Home > Company Index > Banking > Money Center Banks > Industrial Bank of Japan, Limited

Industrial Bank of Japan, Limited
 NEWS FROM THE STANDARD
Global B-to-B Venture to Launch in Japan
May 30 2000 07:17 AM PDT

 PROFILE
The name says it all: Industrial Bank of Japan (IBJ) finances some of Japan's largest industrial groups and is the #1 long-term credit bank there (ahead of Shinsei Bank and Aozora Bank). The bank still struggles with a boatload of bad debts lingering from Japan's real estate collapse of the early 1990s. IBJ funds corporations through long-term loans. The Big Bang of economic deregulation in Japan has prompted the bank to pursue investment banking as well as wholesale lending. The company is a subsidiary of Mizuho Holdings, the world's largest banking company, formed by the combination of IBJ, Fuji Bank, and Dai-Ichi Kangyo Bank.

 COMPETITION
Aozora Bank, Ltd. (dossier)
Nomura Securities International, Inc. (dossier)
Shinsei Bank (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 28,430.80
1-Yr. Sales Growth: (0.0)%
Employees: 7,394
Revenue per employee: $3,845,117.66

 KEY PEOPLE
• Masao Nishimura
    CEO
• Mitsunori Kanesaka
    CFO

 CONTACT INFO
3-3, Marunouchi 1-chome, Chiyoda-ku
Tokyo 100-8210, Japan
Phone: 81-3-3214-1111
Fax: 81-3-3201-7643
Online: Web Site

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