Every opportunity for successful business development.
Published:
25 April 1999 y., Sunday
Chairman of the Central Bank of Russia V. Gerashchenko presented a license for conducting bank operations to Michinoku Bank (Moscow). Michinoku Bank is the first 100% Japanese bank to open a branch in Russia; the branch was established as a joint-stock company . According to the PR department of the Bank of Russia the license was presented in the course of the meeting between Mr. Gerashchenko and the delegation of Michinoku Bank Ltd (Japan), headed by the president of the bank Mr. K. Masuta. The meeting took place on Monday in the Central Bank of Russia. Opening of the Japanese bank branch in Moscow ensues active development of economic relations between Northern prefectures of Japan and neighbor Russian regions, such as Sakhalin and the Far East. Mr. Gerashchenko stressed that this is the first Japanese bank to open a branch in Russia, and therefore no other Japanese bank will be able to compete. "I am positive that Michinoku Bank Ltd. and its daughter company have every opportunity for successful business development," said the head of Bank of Russia. The main activities of Michinoku Bank (Moscow) will include: banking services, trade financing, project financing, crediting Russian clients, etc.
Šaltinis:
Independent Media
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Mr. Olli Rehn, European Union Commissioner, and Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following joint statement on Greece.
more »
The offering of shares of the new issue will commence on 03-05-2010.
more »
The World Bank today approved a $12 million IDA credit to Bhutan, designed to improve infrastructure services in parts of the capital city of Thimphu where no formal services are currently available.
more »
Fisheries ministers and stakeholders alike will be discussing the future shape of the EU's Common Fisheries Policy at two major events in Spain over the next days. On 2 and 3 May, in La Coruña, the Commission and the Spanish Presidency are organising a large stakeholder conference on the reform of the Common Fisheries Policy.
more »
Asia is leading the global recovery and the region’s contribution to global growth will continue to exceed that of other regions in the next two years, the International Monetary Fund (IMF) said today in its latest Regional Economic Outlook (REO) for Asia and the Pacific.
more »
The EBRD is supporting the modernization of the electricity distribution network and the development of renewable energy sources in Poland with a PLN 800 million loan (equivalent to approximately €205 million) to the Energa energy group in order to help the company strengthen its power grid.
more »
At the beginning of the summer this year, Vilnius will become the capital of the Baltic Sea region. On 1-2 June 2010, the city will host the Baltic Sea States Summit and the Baltic Development Forum (BDF) Summit.
more »
Visitors of the World Expo 2010, which will open in the Chinese city of Shanghai on May 1st under the slogan “Better City, Better Life” and will last for 184 days until the end of October, are kindly invited to get into a hot air balloon at the Lithuanian Pavilion.
more »
According to preliminary data, unaudited net loss sustained over the first quarter of the year 2010 by SEB Bank is LTL 59,4 million (EUR 17,2 million) and that by SEB Bank Group is LTL 80,3 million (EUR 23,3 million).
more »
European Globalisation Adjustment fund (EGF) aid must be delivered faster and more simply to unemployed workers hit by the financial crisis or globalisation, concluded the Budgets and Employment committees after evaluating the fund on Wednesday.
more »