Tohoku BankThe Tohoku Bank Limited is a major regional commercial bank in Tohoku Japan, established in November 1950 and headquartered in Morioka City, Iwate Prefecture. As a publicly traded company (Tokyo Stock Exchange code: 8349. T), which focuses on providing financial services to local individuals and businesses, embodies the characteristics and innovation of Japan's regional financial industry.
basic bank information
Ownership: Tohoku Bank is a public company with stock code 8349. T, which is private in nature, has no state-owned or joint venture background. Shareholders include institutional investors and the general public.
>Type: Commercial Bank
Tohoku Bank is a regional commercial bank that focuses on retail and institutional banking to serve economic activity in the Northeast region.
name and background<
ul style="list-style-type: disc" type="disc">full name: The Tohoku Bank Limited
Founded: November
1950 Headquarters: Morioka City, Iwate Prefecture, Japan
Shareholder Background: Tohoku Bank is listed on the Tokyo Stock Exchange (8349. T), the parent company is Tohoku Bank Co., Ltd., and its shareholders include institutional investors and the general public.
Tohoku Bank was established in 1950 as an important regional bank in the Tohoku region of Japan, headquartered in Morioka City, Iwate Prefecture. As one of Japan's smaller regional banks, it focuses on providing financial services to local residents and businesses, while also participating in Japan's economic development and financial stability.
service scope
Coverage area: Mainly covering the Tohoku region of Japan (including Iwate, Akita, Yamagata, Fukushima, Miyagi, Aomori and other prefectures), but there is also a certain national service area.
Number of offline outlets: As of 2021, it has about 122 branches (the latest data is not disclosed, subject to change).
ATM distribution: Tohoku Bank provides a wide range of ATM services throughout Japan through its own branches and shared ATM networks (such as Seven Bank), but the exact number of ATMs has not been disclosed.
As a regional bank, Tohoku Bank has an extensive branch network in the Tohoku region, providing convenient financial services to local residents and businesses.
services and products<
ul style="list-style-type: disc" type="disc">for individuals:
> deposit accounts: including ordinary deposits, time deposits, demand deposits, etc., with competitive interest rates.
loans: housing loans, education loans, personal loans, etc., to meet the diverse needs of residents.
investment services: investment trusts, securities trading, etc.
payment services: credit cards, electronic payments, bill payments, etc.
Other services: foreign exchange, bond agency, ATM services, etc.
for business:
commercial loans: including operating loans, equipment financing, real estate loans, etc.
Corporate banking services: cash management, payroll, trade finance, etc.
Other Services: Customized financial solutions for local businesses, with a special focus on traditional industries such as agriculture, fishing, and manufacturing in the Northeast.
Tohoku Bank is a regional bank that focuses on serving individual and corporate customers in the Northeast region, while also providing nationwide financial services.
regulatory and compliance<
ul style="list-style-type: disc" type="disc">regulated: Financial Services Agency, FSA<
style="font-family: sans-serif; color: black"> Deposit Insurance Scheme: Yes, Tohoku Bank is a member of the Deposit Insurance Corporation of Japan (DICJ), with a maximum insurance amount of 10 million yen (about 72,000 U.S. dollars) per depositor per bank.
Recent compliance records: The specific compliance records are not disclosed, but as a bank regulated by the Financial Services Agency of Japan, Tohoku Bank is required to strictly comply with Japan's financial laws and regulations, and its operations are highly transparent.
Japan's strict financial regulatory system ensures that banks operate transparently and soundly to protect the interests of customers.
financial health
key metrics:
> Capital adequacy ratio: No specific data is disclosed, but as a listed bank, Tohoku Bank is required to meet the regulatory requirements of the Financial Services Agency of Japan (usually 8% or higher).
Non-performing loan ratio: Specific data are not disclosed, and regional banks in Japan generally remain low (about 1-2%).
Liquidity Coverage Ratio: No specific data is disclosed, but it is subject to compliance with the liquidity standards of Japanese financial regulators.
Overall Assessment: Tohoku Bank has a long-term issuer rating of BBB+/Stable from the Japan Credit Rating Agency (JCR), indicating that it has moderate credit risk and a stable financial position. The specific financial data can be found in its annual report, but the latest information is not available at this time.
digital service experience<
ul style="list-style-type: disc" type="disc">APP & BANKING:
> User ratings: Tohoku Bank offers "とうぎんアプリ" (Tohoku Bank App), which has a whopping 4.7 rating on Google Play (based on 90,600 reviews), but the rating on the iOS App Store is not disclosed.
core functionality:
>Balance inquiry
deposit and withdrawal details inquiry
Utility payments (e.g. taxes)
event information push
allows you to make more complex transactions (e.g. transfers) directly from your mobile app to online banking
technical innovation:
> AI customer service: Not explicitly mentioned, but AI-powered customer service features may be available via live chat or phone support.
robo-advisors: not explicitly mentioned, but through cooperation with securities subsidiaries, they may provide certain investment advice services.
Open Banking API: Publicly available, unable to confirm whether it is supported.
Tohoku Bank's digital services are based on "とうぎんアプリ", which covers basic mobile banking needs and is highly rated by users, making it suitable for customers who are accustomed to online operations.
security measures<
ul style="list-style-type: disc" type="disc">Technical security: Employ standard banking security measures, including data encryption, two-factor authentication (2FA), real-time fraud monitoring, and more.
Deposit security: Deposit insurance is provided through DICJ to ensure the safety of customer funds.
Other: Banking apps and online banking use strict security protocols to protect customer privacy and financial data.
featured services and differentiation<
ul style="list-style-type: disc" type="disc">Regional Containment Services: Northeast Bank focuses on the economic development of the Northeast region, especially supporting local traditional industries (such as agriculture and fishery) and small and medium-sized enterprises.
Disaster recovery support: The Tohoku region is often hit by natural disasters (e.g., earthquakes, tsunamis), and Tohoku Bank plays an important role in disaster reconstruction, providing emergency financial support and financial service recovery.
Digital innovation: Delivering convenient mobile banking services to meet the needs of modern customers through "とうぎんアプリ".
Social responsibility: Actively participate in local community activities, support education, environmental protection and cultural causes, and reflect the social mission of the regional bank.
conclusion<
span style="font-family: sans-serif; color: black" >Tohoku Bank is an important regional bank in the Tohoku region of Japan, founded in 1950 and headquartered in Morioka City, Iwate Prefecture. As a listed company, its shareholders include institutional investors and the public, and it is private in nature. The bank mainly serves the Northeast region, with about 122 branches (2021 data) and supports customer needs through an extensive ATM network. Tohoku Bank provides a comprehensive range of financial services for individuals and businesses, including deposits, loans, investments, and payment services, with a focus on local economic development and disaster recovery. The bank is regulated by the Financial Services Agency of Japan, and deposits are insured by DICJ with a maximum of 10 million yen per person. The company is financially healthy and stable, with a JCR rating of BBB+/Stable, but the specific capital adequacy ratio and other indicators are not disclosed. The digital service is centered on "とうぎんアプリ", which is rich in functions and has a user rating of 4.7 (Google Play). Customer service is provided via phone, mail, and possibly online chat, and security measures include data encryption and two-factor authentication. Tohoku Bank is characterized by its regionally focused services, especially in support of traditional industries and post-disaster reconstruction in the Tohoku region, demonstrating its social responsibility and innovation as a regional bank.
