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Daito Bank Limited (The) - Company Profile Snapshot

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Company Profile: Daito Bank Limited (The)
Ticker: 8563
Exchanges: TYO
2009 Sales: 16,609,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: JAPAN
Employees: 640

Business Description
Daito Bank Limited (The). The Group's principal activity, as a regional bank based in Fukushima Prefecture, is the provision of financial services. The Group was formed through a merger of three financing service companies in Fukushima prefecture in 1942. It changed its name from the Daito Sogo Bank, Ltd. when it changed its status from a 'Sogo' mutual bank to an ordinary bank in 1989. The bank offers a wide range of banking facilities through 62 branches and sub-branches in Fukushima prefecture. The bank has two consolidated domestic subsidiaries, all based in Fukushima, Japan.

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