Shinkin Central Bank

The Shinkin Central Bank serves as the countrywide central bank for Shinkin banks in Japan. Shinkin Bank is run as a cooperative banking organization. Companies that support the Shinkin financial sector have been created by the Shinkin Central Bank. The bank's responsibilities include improving the bank's credit standing, making effective use of its surplus cash, and settling domestic exchange transactions.

The SCB serves as the main financial hub for the 254 shinkin banks and around 7,100 branches that make up Japan's national network of shinkin banks. With around 158 trillion yen ($1,298 billion) in deposits, Japan's shinkin banks play a crucial role in the financial sector.

The SCB offers a variety of financial goods and services and makes use of the large sums of money deposited by shinkin banks across Japan to buy marketable assets on domestic and international financial markets, as well as to lend money to operational businesses and other entities.

The market capitalization of Shinkin Central Bank was $14.29 billion as of March 2023. By market capitalization, Shinkin Central Bank is now the 1106th most valuable firm in the world. The most recent financial reports from Shinkin Central Bank indicate that the company's current revenue (TTM) is $1.54 billion. The company generated $1.57 billion in revenue in 2021, a decline from $1.60 billion in revenue in 2020.

Founded: 1950
Headquarters: Shinkin Central Bank, 1-3-7, YaesuCHUO-KU 103-0028, Tokyo, Japan
Website: https://www.shinkin-central-bank.jp/e/