The Toa Reinsurance Company, Limited announced that it has received ¥427.68 million in funding from Maruzen Showa Unyu Co., Ltd., The Daito Bank, Ltd., Niyac Corporation
March 17, 2017
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On March 17, 2017, The Toa Reinsurance Company, Limited closed the transaction.
Daito Bank Ltd is a Japan-based company mainly engaged in the banking business and other businesses related to financial services such as credit card business, leasing business and credit guarantee business. The Banking Business segment is engaged in deposits, loans, securities investment, domestic exchange, foreign exchange, securities investment trusts, and over-the-counter sales of insurance products. The Leasing Business segment is engaged in finance leases and other businesses. The other businesses include credit guarantee services for customers using mortgage loans, etc., and credit card services that provide credit for consumption activities using cards and act as settlement agents.
The Toa Reinsurance Company, Limited announced that it has received ¥427.68 million in funding from Maruzen Showa Unyu Co., Ltd., The Daito Bank, Ltd., Niyac Corporation