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Home > Company Index > Banking > Money Center Banks > Fuji Bank, Limited

Fuji Bank, Limited
 NEWS FROM THE STANDARD
Softbank Seals NCB Deal, Plans Net Moves
Jun 30 2000 08:55 AM PDT

Softbank to Buy Nippon Credit
Jun 06 2000 12:22 PM PDT

Global B-to-B Venture to Launch in Japan
May 30 2000 07:17 AM PDT

 PROFILE
Fuji Bank's namesake volcano is dormant, but the firm is causing temblors in Japan's traditional corporate system. Fuji has joined a three-way merger with Industrial Bank of Japan and Dai-Ichi Kangyo Bank to form Mizuho Holdings, and ceased leading the Fuyo keiretsu. Fuji suffers from an avalanche of loan defaults, but unlike others, it has written many off in the name of long-term stability. Japan's sixth-largest bank, Fuji Bank provides consumer and business banking and investment services. The bank is seeking more international business by co-financing such deal as Hong Kong Disneyland and Hong Kong Internet company, Pacific Century CyberWorks. Fuji Bank is selling US subsidiary Heller Financial to GE Capital Corp.

 COMPETITION
Aozora Bank, Ltd. (dossier)
Mitsubishi Tokyo Financial Group, Inc. (MTF)
Sumitomo Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 29,355.20
1-Yr. Sales Growth: 36.0%
Employees: 13,601
Revenue per employee: $2,158,311.89

 KEY PEOPLE
• Yoshiro Yamamoto
    CEO
• Terunobu Maeda
    CFO

 CONTACT INFO
5-5 Ohtemachi, 1-chome, Chiyoda-ku
Tokyo 100-0004, Japan
Phone: 81-3-3216-2211
Fax: 81-3-3216-6055
Online: Web Site

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