Nanto Bank

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The Nanto Bank, Ltd.
株式会社南都銀行
Type Public
(TYO: 8367)
(OSE: 8367)
Industry Financial Services
Predecessor(s) The Sixty-Eighth Bank, Ltd.
The Yoshino Bank, Ltd.
The Yagi Bank, Ltd.
The Gose Bank, Ltd.
Founded June 1, 1934
Headquarters Nara City, Nara, Japan
Number of locations 130 branches
2 rep. offices(as of March 31, 2009)
Area served Central Japan, Tokyo, Hong Kong, and Shanghai
Key people Yasuo Ueno (President)
Services Personal Banking
Corporate Banking
Revenue ¥109.4 billion (2009) Decrease7%
Operating income ¥24.64 billion (2009) Decrease348%
Profit Decrease¥22.32 billion (2009) Decrease532%
Total assets ¥4.607 trillion (as of March 31, 2009) Increase1% from year earlier
Total equity ¥162.6 billion (as of March 31, 2009) Decrease18% from year earlier
Employees 2,761 (as of March 31, 2009)
Subsidiaries

Nanto Estate Co., Ltd.
Nanto Asset Research Co., Ltd.
Nanto Business Service Co., Ltd.
Nanto Staff Service Co., Ltd.

Nanto Preferred Capital Cayman, Ltd.
Website http://www.nantobank.co.jp
Headquarters

The Nanto Bank, Ltd. (株式会社南都銀行 Nanto ginkō?) is a regional bank that mainly operates in Nara Prefecture, Japan. The bank, established in June 1934, has 130 domestic branches as well as representative offices in Hong Kong and Shanghai, China.

The Nanto Bank commands 48.4% of all deposits and 50.5% of all lending in Nara Prefecture that mainly serves as bedroom communities for neighboring Osaka, with a population of 1,421,000. The total assets of the bank reached 4.61 trillion yen as of March 2009.

The bank provides general banking services such as deposits, loans, and exchange transactions, as well as other financial services including securities brokerage, letter of credit, credit cards, leasing, and software development. Due to the recent shrinking tendency in population in Nara, the strategy of the Nanto Bank is to seek growth in neighboring Osaka while providing wealth management products to the retail banking market in Nara.

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