Original Source
Aichi and Mie Prefectural Banks in Final Merger Talks, Creating ¥11 Trillion Asset Group
Aichi and Mie Prefectural Banks Pursue Merger
Aichi Financial Group, based in Nagoya City and owning Aichi Bank, and Sanjusan Financial Group, based in Mie Prefecture and owning Sanjusan Bank, are reportedly in final adjustments for a business merger. If this merger is realized, it will create a regional bank group with consolidated total assets exceeding ¥11 trillion.
Regional Banks' Strategy Amidst Intensifying Competition
As the era of "interest rates" fully takes hold, competition to attract deposits and clients is intensifying. In this environment, regional banks are increasingly pursuing cross-prefectural mergers to strengthen their operational base and services. This strategy is aimed at responding to the rapidly changing financial landscape and securing competitiveness.
*Source: NHK World-Japan (2026-05-13)*
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