The Shiga Bank and Senshu Ikeda Holdings have reached a basic agreement on a management integration, paving the way for the birth of the largest regional bank group in Kansai. Total assets after the integration are expected to be approximately ¥14 trillion, with completion targeted for April 2028.
The Shiga Bank and Senshu Ikeda Holdings have reached a basic agreement on a management integration. The companies, both of which operate primarily in the Kansai region, aim to establish a structure under which both banks will be subsidiaries and create the largest regional bank group in Kansai.
Total assets after the integration are expected to reach approximately ¥14 trillion. The companies aim to create a virtuous cycle by treating the entire Kansai economic sphere as one and returning the resulting growth to the region.
Senshu Ikeda Holdings has indicated that it will change its corporate name and place both banks under an integrated holding company, with the integration targeted for April 2028.
The Shiga Bank's Head Kubota (久保田) said that its mission is to create a virtuous cycle that generates growth for the region.