Shizuoka Bank: Banks

shizuoka bank: The idea is that the banks get access to a steady stream of higher-yielding assets, while Shizuoka Bank can earn fees for arranging the deals, joining a market dominated by the nation's largest banks, according to The Japan Times. We will be able to originate deals without mega-banks and foreign players taking away profits if we can create a secondary market among regional banks, Shizuoka Bank President Hisashi Shibata said. Now some are fighting back. ; Shizuoka Bank Ltd. has lined up a network of 40 local lenders that will invest in structured assets such as project finance and non-recourse real estate loans. The new initiative is a sign of the extreme pressures facing Japan's regional lenders, who are at the mercy of a negative interest rate policy that threatens the viability of their mainstay business. We have to earn money somewhere. In this low interest rate environment, we can't make money by simply offering domestic corporate loans, Shibata said in an interview. (news.financializer.com). As reported in the news.