Japanese bank merger creates $12.8bn ship finance heavyweight

Two of Japan’s most important regional maritime lenders are joining forces, creating a banking group with more than ¥2.1trn ($12.8bn) in ship and maritime loans. Iyogin Holdings and Ehime Bank, both headquartered in Matsuyama, signed a basic agreement on Friday to work towards a business integration. The transaction is scheduled to take effect on April … Read full article →