Aplus Financial Co., Ltd. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis
- Language: English
- Published: October 2011
- Region: Global
The former Long-Term Credit Bank of Japan (LTCB) was renamed Shinsei Bank Ltd. (BBB+/Negative/A-2) in 2000 when the bank was privatized again, following a temporary nationalization in 1998. Shinsei focuses on providing retail and investment banking services, unlike its predecessor, which targeted traditional long-term corporate lending. In recent years, the bank has expanded its nonbank-related operations through the acquisitions of APLUS Co. Ltd. (now APLUS FINANCIAL Co. Ltd.), Showa Leasing Co. Ltd., Shinki Co. Ltd., and the former GE Consumer Finance Co. Ltd. (GECF; now Shinsei Financial Co. Ltd.) For the nine-month period ended Dec. 31, 2010, Shinsei's Individual Group, comprised of the retail banking business and consumer finance business, including Shinsei Financial and APLUS FINANCIAL, contributed 51% of gross...
Companies mentioned in this report are: Shinsei Bank Ltd.
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
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Shinsei Bank Ltd.