Juroku Bank to Open Rep Office in Hanoi; to Close Hong Kong Office
April 28, 2017 at 01:19 am EDT
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Juroku Bank plans to set up a representative office in the Vietnamese capital of Hanoi, probably in February 2018. After a number of its corporate clients started operations in Vietnam, the bank aims to strengthen services for Japanese businesses doing business in the country and boost support for companies planning expansion into the Vietnamese market.
At the same time, the bank plans to close its Hong Kong office, which was established in 1987, in a move that apparently reflects Japanese companies' shift of operational emphasis from China to Southeast Asia.
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.
JUROKU FINANCIAL GROUP,INC. 
