Suruga Bank Ltd
TSE:8358

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Suruga Bank Ltd
TSE:8358
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Price: 1 141 JPY 0.09% Market Closed
Market Cap: 219.7B JPY
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Suruga Bank Ltd
Investor Relations

In the heart of Japan's Shizuoka Prefecture, Suruga Bank Ltd. stands as a testament to regional banking resilience and adaptability. Founded in 1895, the bank has woven itself intricately into the financial fabric of the region, serving primarily small and medium-sized enterprises (SMEs) and individual account holders. Suruga Bank thrives on its deeply ingrained understanding of local business dynamics, using this intimate knowledge to provide tailored financial services. Unlike some of its larger counterparts that often hold a more generalized approach, Suruga has keenly focused on personal banking, housing loans, and SME financing, ensuring its product offerings are tightly aligned with the community's needs. The bank has a comprehensive suite of financial products ranging from deposit accounts and mortgages to investment services and insurance products. These foster a symbiotic relationship, cultivating customer loyalty and a steady stream of interest and fee-based income.

In recent years, Suruga Bank has ventured into the burgeoning realm of fintech, enhancing its traditional banking model with digital services. This strategic shift has been designed to capture the growing segment of tech-savvy consumers who demand accessible, 24/7 banking solutions. By investing in mobile banking apps and online platforms, Suruga Bank has expanded its reach beyond physical branches, facilitating seamless interactions for its clients. The digital pivot provides higher operational efficiency and lower transactional costs, a crucial factor in maintaining profitability in the highly competitive Japanese banking sector. Amid challenges like Japan's aging population and the historically low-interest-rate environment, Suruga Bank's ability to adapt and innovate within its niche market is pivotal. While navigating regulatory pressures and market volatility, the bank continues to develop robust risk management practices to safeguard its financial health and sustain its long-standing legacy.

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Earnings Calls

No Earnings Calls Available

Management

Mr. Kosuke Kato
President & Representative Director
No Bio Available
Mr. Kazuya Mochizuki
Senior MD & CFO
No Bio Available
Mr. Takeshi Miyajima
Managing Executive Officer, GM of IT & Operations Headquarters and Director
No Bio Available
Mr. Tadashi Ueno
IR Manager
No Bio Available
Mr. Tomoaki Tsutsumi
Senior Managing Executive Officer, GM of Screening Division, CCO & Director
No Bio Available
Mr. Tomoki Toya
Senior Managing Executive Officer, Head of Community Bank Division & Representative Director
No Bio Available

Contacts

Address
SHIZUOKA-KEN
Numazu-shi
23, Toriyoko-cho
Contacts
+81559620080.0
www.surugabank.co.jp