• SHARE

Higashi-Nippon Bank, a Tokyo-based regional bank that has taken over four Tokyo and Saitama branches of the failed Niigata Chuo Bank, plans to apply for an infusion of public money in order to boost its capital base, sources close to the bank said Friday.

The bank signed a contract with Niigata Chuo to take over 36 billion yen worth of Niigata Chuo assets.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW