OREANDA-NEWS. Aozora Bank, Ltd., a leading Japanese commercial bank, today announced its financial results for the first Nine months of FY2012.

Aozora reported consolidated net revenue of 63.9 billion yen, business profit of 35.3 billion yen and net income of 30.6 billion yen for the first nine months of FY2012.

These results represented progress of 77.0%, 80.2% and 76.6%, respectively, towards the full-year forecasts of 83.0 billion yen, 44.0 billion yen, and 40.0 billion yen.

Shinsuke Baba, Representative Director, President and Chief Executive Officer of Aozora Bank commented, "Our earnings for the first nine months of FY2012 place us well on track towards our full-year forecast. Our results reflected strong net interest income while we continued our disciplined balance sheet management, as well as steady progress in building up earnings through our business operations, including the expansion of the sale of investment products to retail customers”.