Announced details
Banking and back-office operations
The initiative is intended to reduce operating costs and address personnel shortages, but the quantified effects are Not disclosed.
サインポスト is collaborating with The Chiba Bank,Ltd. on feasibility verification, work-scope proposals, simulations and ongoing support toward the start of operations. Capital and personnel relationships are Not disclosed.
A jointly funded company established by The Chiba Bank,Ltd., 第四北越銀行, The Toho Bank,Ltd., North Pacific Bank,Ltd. and Hitachi,Ltd. It will consolidate the back-office operations of the banks. Other information, including its location, representative, capital and year of establishment, is Not disclosed.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | TSUBASA Joint Operations Center initiative; support for centralizing back-office operations |
| Counterparty | The Chiba Bank,Ltd.; 第四北越銀行; The Toho Bank,Ltd.; North Pacific Bank,Ltd.; Hitachi,Ltd.; TSUBASA共同事務センター株式会社 |
| Counterparty overview | A jointly funded company established by The Chiba Bank,Ltd., 第四北越銀行, The Toho Bank,Ltd., North Pacific Bank,Ltd. and Hitachi,Ltd. It will consolidate the back-office operations of the banks. Other information, including its location, representative, capital and year of establishment, is Not disclosed. |
| Relationship with the Company | サインポスト is collaborating with The Chiba Bank,Ltd. on feasibility verification, work-scope proposals, simulations and ongoing support toward the start of operations. Capital and personnel relationships are Not disclosed. |
| Launch date | Support will continue until operations commence, but the specific start date is Not disclosed. |
| Applicable area | Banking and back-office operations |
| Quantitative Effects | The initiative is intended to reduce operating costs and address personnel shortages, but the quantified effects are Not disclosed. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To consolidate the back-office operations of multiple banks and optimize management resources, including by reducing each bank’s operating costs and addressing personnel shortages.