SBI Holdings ( (JP:8473) ) has issued an announcement.
SBI Holdings announced that its subsidiary, SBI Shinsei Bank, has partially repaid public funds by paying a special dividend of 100 billion and 2 Yen to the government, funded from its capital surplus. This move is part of an agreement with the Deposit Insurance Corporation of Japan and the Resolution and Collection Corporation, aiming to enhance the bank’s customer base, profitability, and corporate value while working towards full repayment of public funds.
More about SBI Holdings
SBI Shinsei Bank is a leading diversified Japanese financial institution offering a wide range of financial products and services to both institutional and individual customers. The bank operates a network of outlets across Japan and is dedicated to maintaining high levels of integrity and transparency to earn the trust of its stakeholders, including customers, employees, and shareholders. The bank aims for long-term profit growth and sustainable corporate value enhancement.
YTD Price Performance: 11.18%
Average Trading Volume: 3,126
Technical Sentiment Signal: Sell
Current Market Cap: $8.69B
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