The Oita Bank, Ltd. cancelled the acquisition of remaining stakes in Daigin Business Service K.K., Oitacard Inc. and Oita Hosyo Service Co., Ltd.
March 01, 2017
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The Oita Bank, Ltd. (TSE:8392) agreed to acquire remaining stakes in Daigin Business Service K.K., Oitacard Inc. and Oita Hosyo Service Co., Ltd. on March 1, 2016. On completion, Daigin Business Service, Oitacard and Oita Hosyo Service will become 100% owned subsidiaries.
The Oita Bank, Ltd. (TSE:8392) cancelled the acquisition of remaining stakes in Daigin Business Service K.K., Oitacard Inc. and Oita Hosyo Service Co., Ltd. on March 1, 2017.
Oita Bank Ltd is a Japan-based regional bank mainly is engaged in businesses related to financial services, centered on banking, leasing, and credit card services. The Banking Business segment is engaged in deposit services, lending services, trading of commodity securities, securities investment services, domestic exchange services, foreign exchange services, corporate bond fiduciary and registration services, and ancillary services such as futures trading. The segment is also engaged in accounting-related calculation services as a subordinate business of the bank. The Leasing Business segment is engaged in leasing services to meet local leasing needs. The other business provides debt guarantee services, computer-related services, and investment and loan services to meet the financial needs of both individual and corporate clients.
THE OITA BANK, LTD. 
