I N F O R M AT I O N
For Immediate Release
Company Name: Shinsei Bank, Limited
Name of Representative: Katsuya Kawashima
President and CEO
(Code: 8303, TSE First Section)
Shinsei Bank to Revise Long-Term Prime Rate
Tokyo (Wednesday, February 9, 2022) --- Shinsei Bank, Limited ("Shinsei Bank"), has announced that it will change its long-term prime rate as follows, effective February 10, 2022.
1. | Long - Term Prime Rate | ||
New Rate After Change | Before Change | Change | |
1.10% per annum | 1.00% per annum | +0.10% | |
2. | Effective date | ||
February 10, 2022 |
- Shinsei Bank has ceased handling new loan transactions that utilize the long-term prime rate as the base rate since April 10, 2014.
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Shinsei Bank is a leading diversified Japanese financial institution providing a various range of financial products and services to both institutional and individual customers. The Bank has a network of outlets throughout Japan and is committed in its pursuit of uncompromising levels of integrity and transparency in all of its activities in order to earn the trust of its customers, staff and shareholders. The Bank is committed to delivering long-term profit growth and increasing value for all its stakeholders. News and other information about Shinsei Bank is available at https://www.shinseibank.com/corporate/en/index.html
For further information, please contact:
Group Investor Relations & Corporate Communications Division
Shinsei Bank, Limited (www.shinseibank.com)
Shinsei_PR@shinseibank.com(Inquiries for the media)
Shinsei_IR@shinseibank.com(Inquiries for investor and shareholder relations)
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Shinsei Bank Ltd. published this content on 09 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 February 2022 08:18:17 UTC.