25.12.2015, 00:06
Aozora Announces Establishment of "Aozora Europe Limited"
OREANDA-NEWS. Aozora Bank, Ltd. announced that the Bank established "Aozora Europe Limited" in December 2015. The Bank is currently making preparations with the aim of commencing operations by the end of this fiscal year.
Aozora announced its updated Business Model centered on the Bank's "6 Focuses" in May 2015. As part of these six focus business areas, the Bank aims to promote the sustainable growth of "International Business". Aozora will strive to build a quality portfolio, well-diversified in terms of risk, in order to generate stable income through the steady accumulation of profitable loans, while paying attention to the ever-changing market environment.
As a member of the Aozora Bank Group, Aozora Europe Limited will be the headquarters for our European operations, and will support the Bank's "6 Focuses" in order to strengthen our international business base. With the establishment of this subsidiary, the Bank aims to enhance accuracy in the management of early risk indicators and monitoring of overseas transactions, as well as further diversify our overseas loan portfolio by strengthening information gathering related to deal sourcing. Aozora also intend to leverage the information acquired overseas to expand our domestic business. In so doing, Aozora will stri ve to become a "Primary Secondary Bank: An Even More Reliable Partner" for its customers in the European region.
After the establishment of Aozora Europe Limited, there will be 3 representative offices (New York, Shanghai, Singapore) and 2 overs eas subsidiaries (Hong Kong, London) in Aozora Bank's overseas office network.
Aozora announced its updated Business Model centered on the Bank's "6 Focuses" in May 2015. As part of these six focus business areas, the Bank aims to promote the sustainable growth of "International Business". Aozora will strive to build a quality portfolio, well-diversified in terms of risk, in order to generate stable income through the steady accumulation of profitable loans, while paying attention to the ever-changing market environment.
As a member of the Aozora Bank Group, Aozora Europe Limited will be the headquarters for our European operations, and will support the Bank's "6 Focuses" in order to strengthen our international business base. With the establishment of this subsidiary, the Bank aims to enhance accuracy in the management of early risk indicators and monitoring of overseas transactions, as well as further diversify our overseas loan portfolio by strengthening information gathering related to deal sourcing. Aozora also intend to leverage the information acquired overseas to expand our domestic business. In so doing, Aozora will stri ve to become a "Primary Secondary Bank: An Even More Reliable Partner" for its customers in the European region.
After the establishment of Aozora Europe Limited, there will be 3 representative offices (New York, Shanghai, Singapore) and 2 overs eas subsidiaries (Hong Kong, London) in Aozora Bank's overseas office network.
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