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A city bank is a Japanese term ( = "Toshi ginkō" or 都銀 = "Togin") for one of the several mega-banks, with their head offices in
Business category: Number of participants City Banks 5 etc. (Japanese Ministry of Finance, 2023)
{{Authority control Financial services companies of Japan Banks of Japan
A city bank is a Japanese term ( = "Toshi ginkō" or 都銀 = "Togin") for one of the several mega-banks, with their head offices in Tokyo
Tokyo, officially the Tokyo Metropolis, is the capital of Japan, capital and List of cities in Japan, most populous city in Japan. With a population of over 14 million in the city proper in 2023, it is List of largest cities, one of the most ...
or Osaka
is a Cities designated by government ordinance of Japan, designated city in the Kansai region of Honshu in Japan. It is the capital of and most populous city in Osaka Prefecture, and the List of cities in Japan, third-most populous city in J ...
, 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
is a Japanese bank and the core banking subsidiary of the Mitsubishi UFJ Financial Group (MUFG). It was established on January 1, 2006 through the merger of the and , two major banking groups that themselves were the product of recent banking ...
, Sumitomo Mitsui Bank, Mizuho Bank
is the integrated retail and corporate banking unit of Mizuho Financial Group (; ). It is one of the largest financial services company in Japan with total assets of approximately $1.9 trillion USD in 2023, and considered one of Japan's three ...
, and two Resona Banks.
The city bank is used in contrast to the regional bank
A regional bank is a depository institution, such as a bank, savings and loan, or credit union, which is larger than a community bank and operates below the state level, but not so large that it would operate either nationally or internationall ...
( 地方銀行 ="Chihō ginkō" or 地銀 = "Chigin") with its head office in the capital city of each of the 47 prefectures
A prefecture (from the Latin word, "''praefectura"'') is an administrative jurisdiction traditionally governed by an appointed prefect. This can be a regional or local government subdivision in various countries, or a subdivision in certain inter ...
. They mainly serve their prefectural customers.
See also
*Big Four (banking)
The Big Four (or Big 4) is the colloquial name given to the four main banks in several countries where the banking industry is dominated by just four institutions and where the phrase has thus gained relevance. Some countries include more or fe ...
* List of banks in Japan#M&A Tree
*Regional bank (Japan)
A regional bank (''chihō ginkō'' 地方銀行 or ''chigin'' 地銀) is a Japanese term for one of the 100 banks who are members of the Regional Banks Association of Japan (''zenkoku chihōginkō kyōkai'' 全国地方銀行協会). They usually ...
*Shinkin bank
A is a type of Japanese deposit institution.
They are cooperative regional financial institutions serving small and medium enterprises and local residents. Anyone who lives, works, or has an office in the region served by the bank can become a ...
References
External links
Business category: Number of participants City Banks 5 etc. (Japanese Ministry of Finance, 2023)
{{Authority control Financial services companies of Japan Banks of Japan