Juroku Bank Ltd. acquired an additional unknown stake in Juroku Lease Co., Ltd. from the minority shareholders for ¥1.1 billion.
August 03, 2012 at 12:00 am EDT
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Juroku Bank Ltd. (TSE:8356) acquired an additional unknown stake in Juroku Lease Co., Ltd. from the minority shareholders for ¥1.1 billion on May 28, 2012.
Juroku Bank Ltd. (TSE:8356) completed the acquisition of an additional unknown stake in Juroku Lease Co., Ltd. from minority shareholders on May 28, 2012.
The Juroku Bank,Ltd. is a Japan-based company mainly engaged in the banking and other financial services such as leasing. The Company operates through two business segments. The Banking segment operates deposit and lending business, securities trading business, securities investment business, domestic exchange business, foreign exchange business, foreign currency exchange business, bond trust business, financial derivative transactions business, incidental business and others, and provides a variety of products and services as a regional financial partner. The Leasing segment is engaged in leasing and caters to local leasing needs. The Company is also involved in the credit card business, computer-related business, credit guarantee business, and others.