Bank of Saga Ltd (8395.T)
Latest Key Developments (Source: Significant Developments)
Feb 21 (Reuters) - Bank Of Saga Ltd <8395.T>:Says it appoints Yoshihiro Jinnouchi as chairman of the board and Hideaki Sakai as president, effective April 1 . Full Article
Nov 8 (Reuters) - Bank of Saga Ltd <8395.T>:Says it will fully acquire 6.3 percent owned Saga-based venture capital firm ,for 238 million yen, effective Nov. 21 and Nov. 22 .Says it will fully acquire 5.8 percent owned Saga-based credit guarantee firm, for 2.48 billion yen.Says it will fully acquire 5 percent owned Saga-based data processing firm, for 744 million yen.Says it will fully acquire 10 percent owned Saga-based comprehensive lease firm, for 3.54 billion yen.Effective Nov. 20, Nov. 21 and Nov. 22 . Full Article
Bank of Saga Ltd <8395.T> : Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB+"-R&I .Rating outlook stable-R&I. Full Article
Fukuoka Reit Corp <8968.T> : Says it will take out a loan of 2.3 billion yen from The bank of Fukuoka. ALL and Resona Bank, Limited on June 1 . Interest rate of one-month TIBOR (Tokyo Inter Bank Offered Rate)+ 0.35 percent and maturity on June 30 . Say it will take out a loan of 2.7 billion yen from THE NISHI-NIPPON CITY BANK, LTD., Resona Bank, Limited, Oita Bank.co,.ltd ,THE BANK OF NAGASAKI,LTD, THE BANK OF SAGA LTD on June 1 . Interest rate of one-month TIBOR (Tokyo Inter Bank Offered Rate)+ 0.35 percent and maturity on June 30 .Says it will use the proceeds to acquire trust beneficial rights of property and related expense. Full Article
TOKYO, Aug 1 Japan's Fair Trade Commission is likely approve the merger of regional banks Fukuoka Financial Group Inc and Eighteenth Bank Ltd as early as this month, a source with direct knowledge of the matter told Reuters on Wednesday.