December 17, 2010
Tsukuba Bank, Ltd.
TSE Code: 8338 (1st Section)
Aozora Bank, Ltd.
TSE Code: 8304 (1st Section)
Tsukuba Bank, Ltd. and Aozora Bank, Ltd. Announce the Expansion of Deposit
Agency Business to all Tsukuba Bank Branches
Tsukuba Bank, Ltd. (President: Kozo Kimura, Head Office:Ibaraki, Tsuchiura City)
(“Tsukuba Bank”) and Aozora Bank, Ltd. (President and CEO: Brian F. Prince, Head
Office: Tokyo, Chiyoda-ku) (“Aozora Bank”) today announced the expansion of
‘deposit agency business’, whereby Tsukuba Bank has acted as an intermediary to
take applications for Aozora Bank structured deposits from its retail customers since
May of this year. This strategic partnership is scheduled to be expanded from 15
sales outlets at present to all 144 Tsukuba Bank locations (with the exception of
some district offices) beginning Monday, December 20, 2010.
The wider availability of the Aozora Bank structured time deposit (the callable time
deposit, ‘Excellent First Tsukuba’) through the expansion of deposit agency business
throughout the entire Tsukuba Bank branch network, will allow the bank to better
respond to its customers’ need for products with favorable interest rates.
The two banks are committed to developing their mutually beneficial relationship,
leveraging their strengths in the pursuit of a range of business possibilities in order to
provide the best possible level of service for customers.
Deposit agency locations (Commencing December 20, 2010)
All Tsukuba Bank branches, with the exception of 8 district offices (Takatsu,
Tsuchiura City Municipal Market, Kasumigaura, Shimadate Station Minami,
Ninomiya, Shimana, Ozaki, Kenkyuugakuen-Ekimae).
<Media Inquiries>
Aozora Bank, Ltd.
Corporate Communication Division
Tel: 03-5212-9252
End