Akita Bank

basic bank information

Akita Bank is a regional commercial bank that is part of the Akita Financial Group and focuses on Akita Prefecture and parts of eastern Japan. It is listed on the Tokyo Stock Exchange (stock code: 8343) and its shareholders include institutional investors (such as pension funds) and the general public. As a major bank in Akita Prefecture, Akita Bank has a significant presence in the local economy, with businesses spanning retail banking, corporate banking, and investment services.

name and background<

style="font-family: sans-serif; Color: Black" > Akita Bank, the full name of which is Akita Bank Co., Ltd., was established in 1879 as the Akita branch of the First National Bank, became independent as Akita Bank in 1896, and merged with Yuzawa Bank in 1943 to strengthen its regional influence. Headquartered at No. 2-1, Sanno, Akita City, Akita Prefecture, it is located in the economic center of Akita Prefecture, making it convenient for regional operations.

service scope

Akita Bank's services are mainly concentrated in Akita Prefecture, covering some cities in eastern Japan (such as Tokyo, Osaka, and Sendai). As of March 2021, it has 98 branches, and the ATM network is located throughout Akita Prefecture and service areas, the exact number of which is not disclosed, but it covers a wide range of areas to facilitate customers' daily financial needs.

services and products<

span style="font-family: sans-serif; color: black">Akita Bank offers a comprehensive range of financial services:

• retail banking: general deposits, fixed deposits, credit cards, residential loans, car loans, etc.

• Corporate Banking: Corporate Loans, Commercial Financing, Guarantee Services, with a focus on supporting small and medium-sized enterprises.

• investment services: investment trust, securities trading, wealth management.

• other services: foreign exchange trading, equipment leasing, financial consulting, etc., to meet diverse needs.

regulatory and compliance<

financial health

• capital adequacy ratio: 12.10% in March 2021, higher than regulatory requirements, indicating a solid capital base.

• non-performing loan ratio: approximately 2.24% as of March 2021, with good asset quality and proper risk control.

• Liquidity Coverage Ratio: Undisclosed, expected to be Basel III compliant.

• analysis: Bank Akita's financial soundness makes it a reliable regional bank.

digital service experience<

span style="font-family: sans-serif; color: black" > Akita Bank offers a mobile banking app (あきぎんアプリ) that supports functions such as account management, transfers, investment trusts, and may include biometric logins. The adoption of open banking APIs has improved service integration capabilities, and there may be AI customer service support, but the specific technological innovations (such as robo-advisors) are not clear.

customer service<

span style="font-family: sans-serif; color: black" > customer service channels include phone (018-863-1212), the contact page on the official website, and may support live chat. 98 branches provide face-to-face services, covering Akita Prefecture and surrounding areas.

security measures<

span style="font-family: sans-serif; Color: Black" > employ industry-standard security technologies, including data encryption, multi-factor authentication, and fraud detection, to keep customer information and assets safe.

featured services and differentiation

Akita Bank is deeply involved in Akita Prefecture and supports local economic development with regional services as its core. Its extensive network of branches and ATMs, as well as digital transformation efforts such as mobile banking applications, make it competitive among regional banks.

In conclusion, Akita Bank is an important pillar of the local economy by providing high-quality financial solutions to customers in Akita Prefecture and surrounding areas through its solid financial position, regional focus, and digital services.