Aozora Bank Company Description
Aozora Bank (formerly Nippon Credit Bank) was the second Japanese credit bank nationalized in the wake of Asia's financial crisis after the Long-Term Credit Bank of Japan (now Shinsei Bank). Bad loans and Japan's "Big Bang" financial deregulation added to the bank's troubles. Traditionally a lender to small and midsized businesses, before the takeover it had started closing overseas branches and expanding its financial services. Aozora has a network of some 20 branches in Japan and four offices overseas. In addition to insurance and trust services, Aozora Bank finances ship building, invests in content-related industries (e.g., films), and provides hospital management assessment.
View the Comprehensive Company Description for Aozora Bank
The Company Description provides a historical perspective of Aozora Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aozora Bank's evolution in the marketplace.
