Profile (As of March 31, 2011)
The Shinkumi Federation Bank (SFB) was established in 1954 as the central bank for Japan credit cooperatives (Shinkumi banks).
Since its foundation, as the central bank for Shinkumi banks, SFB provides members (Shinkumi banks) with liquidity, extensive investment, settlement, funds transfer and payment services (indirecting effect extended their members).
I
n addition, SFB provides consulting and monitoring services, ALM support and analysis of marketable securities portfolio for its members.
Name:
The Shinkumi Federation Bank (Zenshinkumiren)
Legal basis:
Law on Cooperatives of Small and Medium Enterprises
Date of establishment:
March 29, 1954
President and Chief Exective Officer:
Jyunichi Naitoh
Address (Head Office):
1-9-1,Kyobashi Chuo-ku Tokyo
104-8310 Japan
Paid-in capital:
\53,855 million (US$664 million:\81=US$1)
Total Assets:
\4,319,005 million (US$53,321 million)
Total Liabilities:
\4,157,273 million (US$51,324 million)
Deposits:
\3,927,133 million (US$48,483 million)
Total Shareholders’ Equity:
\161,731 million (US$1,996 million)
Capital adequacy ratio (BIS standard):
18.25%
Member:
158 Shinkumi banks (Japan credit cooperatives)
Outline of Shinkumi banks:
Shinkumi banks are not-for-profit cooperative financial institutions owned and managed by their members, and they offer various financial services (such as commercial banks) for their members.
Originally Shinkumi banks were founded for the purpose of mutual financial aid among their own communities. So membership of today isn’t open to the general public except for residents, workers, small and medium companies.
Generally, Shinkumi banks are divided into three groups sharing type of common bond in a membership, residents, type of business, and occupation (workplace).
At the end of March 2011, there were 158 Shinkumi banks through Japan, which had a total of 1,755 outlets, 3,770,510 members,
total deposits of \17,213 billion (US$215 billion), and outstanding loans of \9,455 billion (US$118 billion).
<Shinkumi banks Disutribution by Deposits Size (As of March 31, 2011 >
Deposits Size(￥bill) |
Total |
Member's Common Bond |
Resident |
Type of Business |
Occupation |
Shinkumi Banks |
Office Branches |
Shinkumi Banks |
Office Branches |
Shinkumi Banks |
Office Branches |
Shinkumi Banks |
Office Branches |
\5 |
3 |
5 |
1 |
3 |
- |
- |
2 |
2 |
5-10 |
8 |
15 |
4 |
10 |
3 |
4 |
1 |
1 |
10-20 |
11 |
16 |
3 |
6 |
4 |
4 |
4 |
6 |
20-30 |
18 |
66 |
12 |
60 |
6 |
6 |
- |
- |
30-50 |
22 |
106 |
13 |
84 |
6 |
17 |
3 |
5 |
50-100 |
44 |
393 |
32 |
371 |
7 |
14 |
5 |
8 |
100-200 |
30 |
498 |
28 |
492 |
1 |
4 |
1 |
2 |
200+ |
22 |
656 |
21 |
649 |
- |
- |
1 |
7 |
Total |
158 |
1,755 |
114 |
1,675 |
27 |
49 |
17 |
31 |
