The 77 Bank, Ltd. · Sendai, Miyagi Japan ·(Tokyo: 83410)
Company Description
View The 77 Bank, Ltd. Locations On A US Map
This link will open in a new window
This link will open in a new window Unlike 77 Sunset Strip, 77 Bank's name doesn't denote its address but its order in the history of Japanese banking. 77 Bank was founded in 1878 as the 77th national bank in Japan. Operating more than 140 branches in the northern area of Japan's largest island, Honshu, 77 Bank provides the usual banking services of savings and lending, as well some other operations, such as temporary employment, property appraisal, and credit-document custody. 77 Bank also provides financial-related services that include leasing, credit investigation, computer-based contract services, and a credit card. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key The 77 Bank, Ltd. Financials
| Company Type | Public - Tokyo: 83410 Headquarters |
| Fiscal Year-End | March |
| Annual Sales (mil.) | $130,399.0 |
| Employees | 4,169 |
The 77 Bank, Ltd. Executives
8 executives listed for The 77 Bank, Ltd.'s Sendai, Miyagi location.
| Title | Name & Bio | Contact |
| President and Director | Hiroshi Kamata | Network |
| Deputy President and Director | Teruhiko Ujiie | Network |
| Senior Managing Director and Board Member | Yoshiaki Nagayama | Network |
Competition
Competitive Landscape for The 77 Bank, Ltd.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top The 77 Bank, Ltd. Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!