Summary: Mizuho Corporate Bank Ltd. Feb 06
- ID: 2088394
- February 2006
- Standard & Poors
Major improvement in financial profile as a result of fast progress in writing off NPLs Strong customer base in Japan Wide range of services, including investment banking Low profitability in comparison with both overseas and domestic peers Mizuho Corporate Bank Ltd. is a major subsidiary of Mizuho Financial Group (Mizuho FG) that deals mainly with large corporate customers. The ratings on Mizuho Corporate Bank reflect its financial profile on a stand-alone basis, as well as Mizuho FG's consolidated financial profile and position within Japanese financial markets. Mizuho Corporate Bank has close linkages with other companies within its group, and the holding company is authorized to reshuffle capital and other resources throughout the organization. NPLs dropped considerably in fiscal 2001 and...
Companies mentioned in this report are:
- Mizuho Bank Ltd.
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