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
According to the data presented by the Ministry of Finance, in end-January central government debt made up LTL26, 310.8 million or 28% of projected GDP for 2010 (LTL 93, 819 million).
more »
As far as countries affected by the economic crisis, China fared extremely well.
more »
The European Commission has authorised today a Slovak scheme with a budget of approximately €3.32 million which aims at supporting farmers in Slovakia who encounter difficulties as a result of the current economic crisis.
more »
Commission sets out a 10-year strategy for reviving the European economy, casting a vision of ‘smart, sustainable, inclusive' growth rooted in greater coordination of national and European policy.
more »
The European Commission has launched today the Europe 2020 Strategy to go out of the crisis and prepare EU economy for the next decade. The Commission identifies three key drivers for growth, to be implemented through concrete actions at EU and national levels.
more »
Launching of the “SCHOOLS’ initiative for innovation and changes” Grant scheme.
more »
EU Member States must not only deliver on their international aid pledges, but also bring in a financial transactions tax and a temporary debt moratorium, to help developing countries to cope with the effects of the global financial and economic crisis, said the Development Committee on Monday.
more »
The EBRD is increasing its commitments to promote sustainable energy projects in Slovakia with a new €90 million funding under the existing Slovakia Sustainable Energy Finance Facility (SLOVSEFF) to ensure continuous implementation of energy efficiency and small renewable energy projects.
more »
According to the unaudited data, in 2009 AB Bank SNORAS earned LTL 8.7 million profit. The bank’s assets grew by 11 per cent up to LTL 6.342 billion during 2009 and were by LTL 647.8 million larger than at the beginning of 2009.
more »
Aviation security measures that go beyond common EU requirements should be paid for by Member States, not by passengers, said Transport Committee MEPs in a vote on Monday that could put Parliament on a collision course with the Council of Ministers.
more »