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Home > Company Index > Banking > Banking - Asia & Australia > The Sakura Bank, Limited

The Sakura Bank, Limited
 NEWS FROM THE STANDARD
Sony Wants BankStation
Jan 31 2001 04:17 AM PST

Sony, Partners to Launch E-Money System in Japan
Dec 26 2000 09:17 AM PST

International News Briefs
Sep 18 2000 12:00 AM PDT

International News Briefs
Aug 14 2000 12:00 AM PDT

 PROFILE
Socked by the Asian financial crisis, Sakura Bank plans to hop in the sack with Sumitomo Bank to shore up its sagging strength. The bank, part of the Mitsui Group, is among Japan's top 10 banks and offers a variety of consumer, commercial, and investment banking services. Sakura Bank is teaming up with Sony to form Sony Bank, an online venture that will offer services at Sakura bank branches and ATMs throughout Japan. Having overhauled operations both at home and overseas in response to the economic crisis and Big Bang reforms, Sakura Bank plans to merge with Sumitomo Bank by 2001 to form Sumitomo Mitsui Bank.

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 20,445.00
1-Yr. Sales Growth: 10.0%
Employees: 14,930
Revenue per employee: $1,369,390.49

 KEY PEOPLE
• Akishige Okada
    CEO
• Tsutomu Sakuma
    CFO

 CONTACT INFO
3-1, Kudan Minami 1-chome, Chiyoda-ku
Tokyo 100-8611, Japan
Phone: 81-3-3230-3111
Fax: 81-3-3239-1022
Online: Web Site

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