Japan Post Bank
What is Japan Post Bank?
Japan Post Bank is Japan’s largest financial institution. It is part of the Japan Post Holdings postal and financial services group, with headquarters in Tokyo.
Where have you heard about Japan Post Bank?
In 2015 the Japan Post Bank made its market debut. Within 2 hours, its shares rose by more than 14%. It aimed to go ‘superglobal’ by becoming a more aggressive international investor and opening up access to alternative investment vehicles such as global hedge funds and real estate investment trusts.
What you need to know about Japan Post Bank.
Japan Post Bank was established in September 2006 during the reform of Japan Post, which became Japan Post Holdings.
The main financial service of the bank is savings, but it also offers overdraft facilities and government bonds deposits. As the country’s largest financial institution, Japan Post Bank is one of only two Japanese banks to have branches in every region of the country, alongside it's national ATM network.
In 2009, Japan Post Bank joined the Japanese Bankers Association payment processing network which allowed customers to wire money to other Japanese banks. A contract with Standard Chartered Bank allows Japan Post Bank to manage international payments.