is a Japanese regional bank headquartered in

Toyama, Toyama is the capital Cities of Japan, city of Toyama Prefecture, Japan, located on the coast of the Sea of Japan in the Chūbu region on central Honshū, about north of the city of Nagoya and northwest of Tokyo. , the city had an estimated population ...

; '' Hokoriku'' refers to a greater region in Japan that encompasses Fukui, Ishikawa, and Toyoma prefectures. In addition to the Hokuriku region, the bank has branches in

Kyoto Kyoto ( or ; Japanese language, Japanese: , ''Kyōto'' ), officially , is the capital city of Kyoto Prefecture in the Kansai region of Japan's largest and most populous island of Honshu. , the city had a population of 1.46 million, making it t ...

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 ...

, Niigata, Nagano,

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 ...

Kanagawa is a Prefectures of Japan, prefecture of Japan located in the Kantō region of Honshu. Kanagawa Prefecture is the List of Japanese prefectures by population, second-most populous prefecture of Japan at 9,221,129 (1 April 2022) and third-dens ...

Gifu is a Cities of Japan, city located in the south-central portion of Gifu Prefecture, Japan, and serves as the prefectural capital. The city has played an important role in Japan's history because of its location in the middle of the country. Durin ...

Aichi is a prefecture of Japan located in the Chūbu region of Honshū. Aichi Prefecture has a population of 7,461,111 () and a geographic area of with a population density of . Aichi Prefecture borders Mie Prefecture to the west, Gifu Prefecture ...

, and

Hokkaidō is the second-largest island of Japan and comprises the largest and northernmost prefecture, making up its own region. The Tsugaru Strait separates Hokkaidō from Honshu; the two islands are connected by railway via the Seikan Tunnel. The ...

. The bank also operates overseas representative offices in

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Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

, and

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. The Hokuriku Bank is a subsidiary of the Hokuhoku Financial Group.

History

Hokuriku Bank was established in 1877 in Toyama. In 2003 the Hokuriku Bank altered its management structure to a

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

, creating the ''Hokugin Holding Company''. On September 1, 2004 Hokoriku merged with

Hokkaido Bank is a Japanese regional bank that is headquartered in Sapporo, Hokkaidō. The Hokkaido Bank is a subsidiary of the Hokuhoku Financial Group as a result of a merger with the Hokuriku Bank on September 1, 2004. The Hokkaido Bank has 134 domesti ...

, and Hokugin Holding Company was renamed ''Hokuhoku Financial Group.'' Taken as a single entity, the holding company is the second largest regional bank in Japan in terms of assets, behind Yokohama Bank.

Financial Issues

As is the case with many banks in

Japan Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea ...

, Hokuriku Bank is dealing with non-performing loans. A

Nihon Keizai Shimbun ''The Nikkei'', also known as , is the flagship publication of Nikkei, Inc. (based in Tokyo) and the world's largest financial newspaper, with a daily circulation exceeding 1.73 million copies. The Nikkei 225, a stock market index for the Tokyo ...

article quoted President Takagi as saying that the bank had planned to lower its non-performing loan ration to below 5% from the current ratio of 7.7% by March, 2007 - a year earlier than a previously mentioned target date. Issues that are not completely resolved include the fate of Hokuriku Bank’s branches in Hokkaidō, and the consolidation of management with Hokkaido Bank.

External links

Hokuriku Bank

Hokuhoku Financial Group

Hokkaido Bank
* Wiki collection of bibliographic works on Hokuriku Bank Banks established in 1877 Japanese companies established in 1877 Companies based in Toyama Prefecture Regional banks of Japan {{Asia-bank-stub