Parex Bank’s Far Eastern representative office announced the launch of its operations in Japan’s capital city, Tokyo
Published:
18 November 2003 y., Tuesday
The Japanese market is interesting due to a number of reasons:
- A great concentration of private deposit savings;
- Extremely low rates. In effect, customers end up paying their Japanese banks for keeping their funds;
- Large Japanese businesses have shown interest in the Russian, Eastern European and Baltic markets;
- There are opportunities for partnership with the Japan Bank for International Cooperation (JBIC) as well as other banks in Japan;
- Japan’s institutions are friendly and positive to foreign enterprises (Parex Bank for example) who show their interest in Japan;
- In recent years Japanese banking regulations have become more flexible, especially concerning foreign financial institutions. Parex Bank became a member of the Association of International Bankers of Japan.
As has been seen in various media, a number of Latvian entrepreneurs have already showed interest in possible business relations with partners in Japan. Parex Bank is prepared to assist entrepreneurs in trade with Japan.
Šaltinis:
parex.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Most EU countries continue to meet deadlines for incorporating single market rules into national law, contributing to economic growth and job creation.
more »
Japanese officials unveil their new bullet train, capable of travelling at speeds of 320 km per hour (198 miles per hour).
more »
The first International Security Technology Exhibition, KIPS 2011, will be held on 23-26 February 2011 in Kiev (Ukraine). The motto of the exhibition is ‘There can never be too much security!’
more »
The world's highest restaurant opens in Dubai, United Arab Emirates, located 400 metres above ground in Burj Khalifa, the world's tallest tower.
more »
The rights of consumers will be clarified and updated, whether they shop at a local store or buy goods on line, under new EU rules as amended by the Internal Market Committee on Tuesday.
more »
MEPs on Wednesday gave their green light for the Council to conclude an Interim Economic Partnership Agreement with Papua New Guinea and Fiji, two countries of the Pacific Region with significant exports to the EU.
more »
Report sets 10 priorities for tackling the bloc's main economic challenges, launching the first ever ‘European semester'.
more »
China's first capsule hotel ready to open its doors in Shanghai, aims to capture slice of booming leisure budget travel market.
more »
Declaration by Michel Barnier on the start of three new authorities for supervision.
more »
On 1 January, Estonia adopted the euro as its official currency and the changeover is running smoothly and according to plan.
more »