New, innovative entrants into the domestic banking sector have struggled to establish themselves amid the turbulent business climate.
Since October 2000, Japan Net Bank, IY Bank, Sony Bank and eBank Corp. have been launched in an effort to capitalize on the deregulation of the banking industry, considered one of the nation’s most conservative and exclusive business sectors.
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.