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
One of the biggest Finnish introducing broker companies Finnprinters, connecting customers and printing houses, has started joint business projects with Lithuania’s 2 printing houses.
more »
Statistics Lithuania informs that, based on the Labour Force Survey (LFS) data, the unemployment rate in I quarter 2009 reached 11.9 per cent, i.e. was close to the level of the year 2004. Over a quarter, the unemployment rate grew 1.5 times, over a year – 2.4 times.
more »
Lithuania’s Acting Minister of Foreign Affairs Vygaudas Ušackas discussed ways of accelerating the implementation of Rail Baltica in the current economic environment and attracting foreign investments for the implementation of this project.
more »
Proposals for transparency and monitoring to keep gas flowing to the EU.
more »
On a day in which G8 leaders in Italy said the world economy still faces "significant risks," a top White House official said the Obama administration is not discussing a second stimulus plan.
more »
EU proposes microfinance facility to encourage the unemployed to start their own businesses.
more »
For those of you who like your fruit and vegetables to look as crooked, knobbly and curvy as possible 1 July was a good day.
more »
Walt Disney will invest almost half a billion U.S. dollars into its Hong Kong Disneyland, to bolster the park's prospects against a planned rival in Shanghai.
more »
On 26 June 2009 Securities Commission (SC) approved the merge of investment funds controlled by UAB SNORAS Asset Management with SNORAS Global Equity Funds of Funds (SGEFF) by joining JT Baltic Equity Fund I.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »