UPDATE 1-Japan Post Bank seeks approval to sell retail loans

TOKYO, March 31 Japan Post Bank Co Ltd, the country's biggest bank by assets, on Friday said it will seek regulatory permission to sell unsecured retail loans, as it hunts for higher returns in an environment of ultra-low interest rates. The bank aims to ... ( read original story ...)

BANK OF JAPAN : Main events scheduled for April 3-9

-- Japan Automobile Dealers Association to release new motor vehicle sales figures for fiscal 2016 and for March on car-model basis. -- Cabinet Office to release survey on consumer trends for March. -- Japan Automobile Importers Association to release ... ( read original story ...)

Japan govt names six investment banks for Japan Post share sale

The government sold about $12 billion worth of shares in Japan Post, Japan Post Bank Co (7182.T), and Japan Post Insurance Co (7181.T) in the IPO, which was the largest privatization of a Japanese state-owned firm since that of Nippon Telegraph and ... ( read original story ...)

BDO, Japanese bank forge deal to help SMEs

BDO Unibank has teamed up with Shinkin Central Bank (SCB), the central financial institution in Japan for the cooperative regional financial institutions known as “shinkin” banks, to assist Japanese small and medium enterprises (SMEs) seeking business ... ( read original story ...)

Why Mizuho Believes Bitcoin Still Has a Future in Banking

Japanese banking giant Mizuho Financial Group is nearing completion of a pilot project that utilizes the bitcoin blockchain for securities transfer. First announced last year as a proof-of-concept (PoC) built with bitcoin's open asset protocol ... ( read original story ...)

WORLDREMIT LAUNCHES ONLINE MONEY TRANSFERS IN JAPAN

Customers in Japan will now be able to send money to family and friends worldwide, using a mobile phone, tablet or computer – cutting out the need to travel to agent locations or bank branches during business hours. Bringing the offline remittance ... ( read original story ...)

BRIEF-Aucnet announces IPO on Tokyo Stock Exchange on March 29

* Says its stock will begin trading on the Tokyo Stock Exchange on March 29, 2017, under the symbol "3964" * In its initial public offering, the company will offer a total of 4,820,000 common shares, comprised of newly issued 2,200,000 shares and privately ... ( read original story ...)

Government to help finance building of hotels amid tourism boom

only provides financial support for the construction of facilities such as schools, libraries, hospitals and nursing homes, and only in areas outside Tokyo, Osaka and Nagoya. The government will revise the rules to enable it to finance — from next month ... ( read original story ...)