City bank (Japan)
File:Mitsubishi UFJ Financial Group.svg
File:Sumitomo Mitsui Banking Logo.svg
A city bank is a Japanese term ({{Langx|ja|都市銀行}} = "Toshi ginkō" or 都銀 = "Togin") for one of the several mega-banks, with their head offices in Tokyo or Osaka, Japan's two largest cities. These banks have wide networks of branches in major cities all over Japan. There are five such banks: MUFG Bank, Sumitomo Mitsui Bank, Mizuho Bank, and two Resona Banks.{{Cite web |title=Types of Banks (Japanese Bankers Association, as of December 2019) |url=https://www.zenginkyo.or.jp/en/banks/financial-institutions/ |access-date=2024-06-07 |website=Japanese Bankers Association |language=en}}
The city bank is used in contrast to the regional bank (地方銀行 ="Chihō ginkō" or 地銀 = "Chigin") with its head office in the capital city of each of the 47 prefectures. They mainly serve their prefectural customers.
See also
References
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External links
- [https://www.mof.go.jp/english/policy/jgbs/topics/bond/List_of_auction_partcipants.pdf Business category: Number of participants City Banks 5 etc. (Japanese Ministry of Finance, 2023)]
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