Japan

JCB reduces GHG emissions by 54.4% in 2022

It also shared the initiatives which took place last year.

JCB reduces GHG emissions by 54.4% in 2022

It also shared the initiatives which took place last year.

Japan’s card payments market to be worth $742.2b in 2023

Growing consumer preference for electronic payments will push a 7.5% growth in value.

Japanese insurers, banks to build sustainable finance platform

The collaboration seeks to build a digital platform for investment institutions.

MUFG Bank buys JPY600m shares in metaverse company TBT Lab

The bank will help develop the financial functions of the planned Japan Metaverse Economic Zone

Foreign JCB cardholders offered Tokyo Tower discounts

They can avail a 30% discount on the admission fee until 30 April 2024.

Japan’s Chiba bank to maintain above domestic average profitability

The bank will maintain strong loan quality and liquidity, Moody’s said.

Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s

Diversifying its bond portfolio will improve profits but exposes it to more risk.

MUFG halfway to its 2030 sustainable finance target

The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.

Mitsubishi UFJ postpones AT1 bond issuance after Credit Suisse wipeout: report

It plans to issue by late April or mid-May instead, according to a spokesperson.

Low risk of bank runs in Asia: analyst

Japanese banks are the most vulnerable and face flat NIM growth.

Japan bank lending up 3.3% in February

Average outstanding amount totalled JPY598.9t for the month.

Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down

And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.

Nomura Holdings’ net income up 11% to $508m in Q3

Net revenue was up 24% compared to the year ago. 

Citi named sole arranger of CABEI’s 10-year JPY7b and 10-year US$130m ESG bonds

The bonds will be issued to Japanese and Taiwanese investors, respectively.

Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

It expands their earlier business cooperation MOU signed in August 2019.