Announcement Regarding the Approval of Merger between Consolidated Subsidiaries of Resona Holdings, Inc.
March 29, 2019
Resona Holdings, Inc.
Kansai Mirai Financial Group, Inc.("KMFG" hereafter, President:Tetsuya Kan), one of consolidated subsidiaries of Resona Holdings, Inc.("RHD" hereafter), Kansai Urban Banking Corporation("KU" hereafter, President: Kazumasa Hashimoto) and The Kinki Osaka Bank, Ltd. ("KO" hereafter, President: Koji Nakamae), wholly-owned subsidiaries of KMFG, have worked on concrete preparations and discussions toward the merger between KU and KO, subject to the approval and permission of the relevant authorities, as announced in the press release on 27 July, 2018 "Announcement Regarding the Merger Between Consolidated Subsidiaries of Resona Holdings, Inc."
RHD hereby announces that today the application of the merger between KU and KO has been approved (Article 30, paragraph 1 of the Banking Act) and they will start as Kansai Mirai Bank, Ltd. on April 1.
Outline of the New Bank after the Merger
|1. Corporate Name||Kansai Mirai Bank, Limited|
|2. Head Office Address||
2-1, Bingomachi 2-Chome, Chuo-ku, Osaka-shi
Tetsuya Kan Representative Director and President
|4. Paid-in Capital||
JPY 38.9 billion
|7. Number of Employees||
|8. Number of Branches||