Japan Post Bank Co., Ltd.
(formerly Yucho Co.) is one of Japan's biggest banks and is a wholly-owned subsidiary of Japan Post Holdings Co., Ltd. (Ownership ratio: 100%). Unlike most commercial banks, Japan Post Bank is primarily a savings institution. Its only loan products are overdraft lines secured by time deposits and Japanese government bonds on deposit with the bank. Japan Post Bank offers a nationwide ATM network which can be used to withdraw money with international bank cards and credit cards. Total assets: US$ 2,513 billion (as of September 30, 2012).
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ID: 799. Updated: 01.02.2013
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