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作成日:
2023/03/30 07:29
更新日:
2025/12/09 05:38
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A major Japanese online bank went public on the Tokyo Stock Exchange on Wednesday. It is the first listing of a bank anywhere in the world this year. Shares of SBI Sumishin Net Bank closed at 1,205 yen on their first trading day on the TSE's Standard Market. That is up 0.4 percent from the initial offering price. The listing comes as investors remain concerned about the health of the banking sector in the United States and Europe. Maruyama Noriaki, President and CEO of the bank says competition to acquire human resources is becoming very tough especially with tech firms. He also says he need to raise his company's name recognition to secure more talented people so the public offering was a necessary step. SBI Sumishin Net Bank started operations in 2007. It is a 50-50 joint venture between Sumitomo Mitsui Trust Bank and SBI Holdings.
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