SBI Group

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SBI Group
IndustryFinancial Services
Headquarters,
Websitewww.sbigroup.co.jp

SBI Group, sometimes referred to as Strategic Business Innovator Group, (TYO: 8473) is a financial services company group based in Tokyo, Japan.[1] The group's businesses and companies are held primarily at SBI Holdings. The group also operates SBI Graduate School, a business school, and a children's charity foundation.

SBI Group began in 1999 as SoftBank Investment, as a Softbank subsidiary at that time. SBI is listed on the first section of the Osaka Securities Exchange and Tokyo Stock Exchange.[2]

Since April 2011, SBI Holdings has been listed in Hong Kong in the form of Hong Kong depositary receipts (HDR) with stock code 6488.[3]

In July 2018, SBI launched the first bank-owned cryptocurrency exchange in Japan,[4] initially available for 2000 users.[5]

As per October 2018, SBI achieved operating revenue of ¥52.9 billion, which in turn, was up 24.6 percent year-on-year. This raised company's Net operating revenue 17.7 percent. And operating income increased by 21.8 percent from the first half of 2017.[6]

SBI Securities[edit]

On April 27, 2011, SBI Securities, a unit of SBI Holdings, agreed to acquire a 25 percent stake in PT BNI Securities, a subsidiary company of Bank Negara Indonesia for Rp.114 billion ($16.70 million).[7]

References[edit]

  1. ^ SBI Group, Corporate profile
  2. ^ SBI Group, Corporate history
  3. ^ J.P. Morgan Named Depositary Bank by SBI Holdings
  4. ^ "World's First Bank-Owned Crypto Exchange Launches Publicly in Japan". CCN. 2018-07-17. Retrieved 2018-07-17.
  5. ^ "Japan's SBI Cryptocurrency Exchange Now Live for 20,000 Users - Bitcoin News". Bitcoin News. 2018-06-04. Retrieved 2018-07-17.
  6. ^ "SBI SECURITIES Achieves Historical Highs for First-Half Results | Finance Magnates". Finance Magnates | Financial and business news. 2018-10-18. Retrieved 2018-10-19.
  7. ^ http://www.thejakartapost.com/news/2011/04/28/japanese-firm-set-acquire-25-percent-bni-securities.html

External links[edit]