青森みちのく銀行 said it aims to integrate its management with 岩手銀行 and 秋田銀行, with a basic agreement targeted for next spring and integration targeted for April 2028. The president said that, following an inquiry received around February last year, the 3 banks were considering integration as one option for sharing their vision for the future.
The president of 青森みちのく銀行 said the bank had begun discussions with 岩手銀行 and 秋田銀行 toward a business integration. The target is to complete the integration in April 2028, with a basic agreement planned for next spring and a final agreement six months later.
The president said the 3 banks were considering their future direction and expressed the view that it was worth fully discussing the direction of future collaboration even immediately after the former 青森銀行 and former みちのく銀行 merged. Regarding the name of the holding company, the president said, “I think the name Procrea will disappear.”
This report was distributed by Yahoo! News based on information from Mutsu Shimpo.