The Industrial Bank of Japan Ltd.

Japanese: 日本興業銀行[株] - にっぽんこうぎょうぎんこう

One of the long-term credit banks. Established in 1902 under the Industrial Bank of Japan Act as a special bank with the purpose of providing long-term industrial financing through bond issuance and promoting the introduction of foreign capital. Converted to a commercial bank in 1950, and became a long-term credit bank under the Long-Term Credit Bank Act in 1952. Provides long-term financing mainly through bond issuance. Forms a business partnership with Nomura Securities (now Nomura Holdings) in the areas of pension asset management and derivatives. Also, in 1998, formed a full business partnership with The Dai-ichi Life Insurance Company. In March 1999, when there were concerns about a financial crisis, the government introduced 600 billion yen in public funds. In September 2000, Dai-Ichi Kangyo Bank, Fuji Bank, and the joint financial holding company Mizuho Holdings were established, and in April 2002, the three banks, the Industrial Bank of Japan, Dai-Ichi Kangyo Bank, and Fuji Bank, were split and reorganized to form Mizuho Bank and Mizuho Corporate Bank.
→ Related items Shinko Securities [Stock] | Shinnihon Securities [Stock] | Bank of Japan special loan | Nikko Cordial Group [Stock] | Japan Industrial Bank [Stock] | Mizuho Securities [Stock]

Source : Heibonsha Encyclopedia About MyPedia Information

Japanese:

長期信用銀行の一つ。1902年〈日本興業銀行法〉に基づき債券発行による長期工業金融と外資導入促進を目的に特殊銀行として設立。1950年普通銀行に転換，1952年長期信用銀行法施行とともに同法に基づく長期信用銀行に移行。債券発行をおもな資金源として長期金融を行う。年金の資産運用やデリバティブ分野で野村証券（現野村ホールディングス）と業務提携。また1998年第一生命保険と全面業務提携。金融危機が心配された1999年３月政府による公的資金6000億円を導入。2000年９月に第一勧業銀行，富士銀行と共同金融持株会社，みずほホールディングスを設立，2002年４月には，日本興業銀行，第一勧業銀行，富士銀行の３行は分割・再編されて，みずほ銀行とみずほコーポレート銀行の２行となった。
→関連項目新光証券［株］｜新日本証券［株］｜日銀特融｜日興コーディアルグループ［株］｜日本勧業銀行［株］｜みずほ証券［株］

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