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City bank (Japan)

From Wikipedia, the free encyclopedia
MUFG Bank
Sumitomo Mitsui Bank
Mizuho Bank
Resona Bank

A city bank is a Japanese term (Japanese: 都市銀行 = "Toshi ginkō" or 都銀 = "Togin") for one of the several mega-banks, with their head offices in Tokyo or Osaka, Japan's two largest cities. These banks have wide networks of branches in major cities all over Japan. There are five such banks: MUFG Bank, Sumitomo Mitsui Bank, Mizuho Bank, and two Resona Banks.[1]

The city bank is used in contrast to the regional bank (地方銀行 ="Chihō ginkō" or 地銀 = "Chigin") with its head office in the capital city of each of the 47 prefectures. They mainly serve their prefectural customers.

See also

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References

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  1. ^ "Types of Banks (Japanese Bankers Association, as of December 2019)". Japanese Bankers Association. Retrieved 2024-06-07.
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