Tsukuba Bank

Basic Information

Stock Code
8338
Industry
Banking
Category Detail
Banks
Prefecture
Ibaraki Prefecture
Establishment Year
September 1952
Listing Year
April 1974
Official Website
https://www.tsukubabank.co.jp/
TSE Information
TSE Information
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Overview

Tsukuba Bank is a regional bank founded in 1952, providing community-based financial services primarily in Ibaraki Prefecture and contributing to the revitalization of the local economy.

Current Situation

Tsukuba Bank recorded a standalone net profit of 4.188 billion yen, net assets of approximately 102.6 billion yen, and total assets of approximately 2.96 trillion yen for the fiscal year ended March 2022. It primarily operates financial services in Ibaraki Prefecture and neighboring prefectures, offering a wide range of services including deposits, loans, and foreign exchange to local businesses and individual customers. It was established in 2010 through the merger of Kanto Tsukuba Bank and Ibaraki Bank, received a public funds injection, and has actively engaged in post-earthquake disaster recovery support. In recent years, it has promoted digitalization and diversification of financial services through a capital and business alliance with SBI Holdings. It focuses on regional collaboration and disaster response, working to enhance customer convenience through ATM network expansion and VJA affiliation for cash cards. Moving forward, it aims to strengthen corporate and individual financial services in line with regional economic growth and establish a sustainable management foundation.

Trivia

Interesting Facts

  • Established in 2010 through the merger of Kanto Tsukuba Bank and Ibaraki Bank.
  • Tsukuba Bank name derives from the local landmark Mount Tsukuba.
  • Focused on earthquake recovery support after receiving public funds injection.
  • One of few regional banks with capital and business alliance with SBI Holdings.
  • Extensively deployed free ATM fee alliances to improve customer convenience.
  • Operates Tsukuba Research Institute think tank for regional economic research.
  • Branches mainly in Ibaraki Prefecture, also Tochigi and northwestern Chiba.
  • Formerly had a branch in Kasukabe City, Saitama, relocated due to integration.
  • Resolution and Collection Corporation holds over 45% of shares as major shareholder.
  • Actively supports business succession for local SMEs.
  • Adopts unique branch-in-branch store deployment model.
  • Foreign exchange limited to 3 main branches, handling USD and EUR.
  • Provides credit cards as VJA card brother company.
  • Participant in regional mutual disaster support agreement network.
  • Community-based bank with headquarters functions in Tsukuba Science City.

Hidden Connections

  • Collaborates with SBI Holdings' wide-area network to deploy advanced financial services.
  • Provides consulting services for regional economic support utilizing Tsukuba Research Institute.
  • Composite management structure with bases from former Kanto Tsukuba Bank and Ibaraki Bank lines.
  • Resolution and Collection Corporation became major shareholder during public funds injection, strengthening capital.
  • Responded to post-Great East Japan Earthquake recovery funding needs, enhancing local credibility.
  • Partially undertakes designated financial institution operations through alliances with local governments.
  • Tsukuba Bank brand reflects regional value of Mount Tsukuba and Tsukuba Science City.
  • Collaborates on credit extension and disaster support via wide-area alliances among regional financial institutions.

Future Outlook

Growth Drivers

  • Expansion of economic recovery and growth needs for local SMEs
  • Active introduction and deployment of digital financial services
  • Technological innovation through strengthened alliance with SBI Holdings
  • Customer service diversification in response to regional population decline
  • Improved regional trust via enhanced disaster response capabilities
  • New market development through international business support
  • Recovery in housing loan market and diversifying financial needs
  • Expansion of designated financial institution operations via strengthened local government alliances
  • Active rollout of environmental/ESG-related financial products
  • Advanced and expanded credit guarantee services
  • Growth in community-based consulting services
  • Expansion of regional economic revitalization fund operations

Strategic Goals

  • 50% customer base expansion through digital service development
  • Optimized deposit-loan balance in region with strengthened lending
  • Full repayment of public funds and establishment of fully independent management
  • Promotion of ESG investments and green finance
  • Bank management fulfilling social responsibilities like disaster recovery support
  • Expansion of venture support funds in the region
  • 30% increase in new international clients
  • Achieve top-class regional trust via improved customer satisfaction
  • Deepening of economic revitalization collaboration agreements through regional ties
  • Strengthened talent development via diversity and improved work environment for employees

Business Segments

SME Financial Support

Overview
Focuses on funding and management support for regional SMEs.
Competitiveness
Deep local economy ties with detailed support capabilities
Customers
  • Local SMEs
  • Sole Proprietors
  • Startup Companies
  • Agriculture-Related Businesses
  • Manufacturing
  • Service Industry
Products
  • Working Capital Loans
  • Equipment Funds Loans
  • Credit Guarantees
  • Cash Flow Support
  • Business Succession Support

Individual Lending Services

Overview
Offers various lending products tailored to lifestyle needs.
Competitiveness
Flexible screening and community-based services
Customers
  • Home Buyers
  • Individual Consumers
  • Education Fund Seekers
  • Seniors
Products
  • Housing Loan
  • Education Loan
  • Card Loan
  • Renovation Loan

Funds Settlement and Electronic Financial Services

Overview
Provides online payments and high-convenience financial services.
Competitiveness
Technological innovation through alliance with SBI Holdings
Customers
  • Individual Customers
  • SMEs
  • Public Institutions
  • Partner Companies
Products
  • Internet Banking
  • Credit Card Services
  • Debit Card
  • ATM Network

Regional Financial Consulting

Overview
Consulting services aimed at regional revitalization.
Competitiveness
High-quality advice via Tsukuba Research Institute think tank functions
Customers
  • Local Governments
  • SMEs
  • Agricultural Associations
Products
  • Management Consulting
  • Funding Plan Support
  • Business Succession Planning Support

Financial Services for Local Governments

Overview
Supports municipal fiscal operations and disaster measures.
Competitiveness
Trusted consulting based on community ties
Customers
  • Tsukubamirai City
  • Multiple Ibaraki Prefecture municipalities
  • Neighboring prefecture local governments
Products
  • Local Bond Issuance Support
  • Funds Management Operations
  • Mutual Disaster Support

Guarantee Operations

Overview
Supports smooth funding through credit guarantees.
Competitiveness
Extensive guarantee services with strong local presence
Customers
  • SMEs
  • Sole Proprietors
  • Farmers
Products
  • Tsukuba Credit Guarantee
  • Ibaraki Credit Guarantee

Venture and Startup Support

Overview
Promotes entrepreneurship and regional revitalization.
Competitiveness
Experience operating Tsukuba Regional Revitalization Fund
Customers
  • Local Startups
  • Venture Capital
  • Investment Funds
Products
  • Funding Support
  • Business Plan Support
  • Regional Revitalization Fund

International Business Support

Overview
Financial services supporting client overseas expansion.
Competitiveness
Collaboration support with JICA Tsukuba International Center
Customers
  • Overseas Expansion Companies
  • Importers/Exporters
Products
  • Overseas Remittances
  • Foreign Exchange Transactions
  • International Settlements

Leasing and Asset Management Services

Overview
Leasing services supporting corporate equipment investments.
Competitiveness
High-quality services based on business alliance with Orix
Customers
  • SMEs
  • Sole Proprietors
Products
  • Leasing Contracts
  • Asset Management

Education-Related Financial Services

Overview
Provides financial products for education funding needs.
Competitiveness
Flexible product rollout tailored to local needs
Customers
  • Educational Institutions
  • Students and Parents
Products
  • Education Loan
  • Education Insurance

Financial Services for Seniors

Overview
Supports seniors' living funds and asset management.
Competitiveness
Detailed services rooted in the local community
Customers
  • Seniors
  • Care Providers
Products
  • Senior Loans
  • Asset Management Consultation

Environmental and Disaster Response Financial Services

Overview
Financial support for natural disasters and environmental investments.
Competitiveness
Financial framework focused on earthquake recovery support
Customers
  • Local Companies
  • Municipalities
Products
  • Disaster Recovery Funds
  • Environmental Investment Loans

Competitive Advantage

Strengths

  • Local community-oriented management structure
  • Deep understanding of regional economy
  • Broad customer base
  • Digital enhancement through collaboration with SBI
  • Diverse financial product lineup
  • Track record in credit guarantees
  • Solid financial foundation
  • Comprehensive ATM network
  • Advanced compliance framework
  • Contributions to disaster recovery
  • Utilization of think tank functions
  • Mutual support system through regional collaboration
  • Flexible lending screening
  • Diverse branch network
  • Comprehensive risk management

Competitive Advantages

  • Strong partnerships with local governments
  • High recognition and trust in Ibaraki-centered market
  • Strategic capital and business alliance with SBI Holdings
  • Improved customer convenience via free ATM fee alliances
  • Addresses diverse customer needs with wide corporate/individual products
  • Experience and responsiveness from public funds injection for earthquake recovery
  • High-quality credit guarantee services
  • Regional economic support via revitalization funds
  • Overseas expansion support through JICA collaboration
  • Broad economic revitalization via regional collaboration agreements
  • Efficiency from flexible branch operations and branch-in-branch introductions
  • Advanced think tank functions utilizing Tsukuba Research Institute
  • Steady management rooted in long-term regional base
  • Service provision leveraging extensive affiliate network
  • Market share expansion via multi-region free ATM alliances

Threats

  • Risk of regional economic stagnation
  • Customer base shrinkage due to population decline
  • Prolonged low interest rates
  • Intense customer competition with rival banks
  • Decline in competitiveness from delayed digitalization
  • Strengthened financial regulations
  • Impacts from natural disasters
  • Entry of new fintech companies
  • Trust risks from market due to public funds injection
  • Central bank monetary policy fluctuations
  • Accelerated customer shift to cashless
  • Loan loss risks amid economic fluctuations

Innovations

2021: Capital and business alliance with SBI Holdings

Overview
Promoting advanced financial services through digital technology utilization.
Impact
Contributes to improved customer convenience and operational efficiency.

2020: Expansion of free ATM withdrawal fee alliances

Overview
Continued and expanded free ATM fee alliances with multiple regional banks.
Impact
Enhanced customer convenience and usage promotion.

2023: Internet banking service improvements

Overview
Implemented security enhancements and UI improvements for online transactions.
Impact
Increased user numbers and customer satisfaction.

2022: Strengthened regional revitalization fund establishment

Overview
Expanded operations and investments in Tsukuba Regional Revitalization Fund.
Impact
Enhanced support for local business growth.

2024: Mobile banking app overhaul

Overview
Introduced new app with significantly improved user experience.
Impact
Improved mobile usage rate and customer engagement.

2023: Strengthened credit card (VJA) alliance

Overview
Expanded VJA affiliation for bank cards and enriched benefits.
Impact
Expanded card usage and improved customer loyalty.

2021: Enhanced management consulting via Tsukuba Research Institute

Overview
Expanded research and consulting functions for SMEs.
Impact
Improved regional business growth support capabilities.

2022: Disaster response training and system enhancements

Overview
Implemented measures to improve response capabilities under mutual disaster support agreements.
Impact
Stabilized financial services during emergencies.

2024: AI introduction for risk management enhancement

Overview
Advanced credit risk assessment using AI and data analysis.
Impact
Reduced loan losses and improved screening efficiency.

2020: Full rollout of online applications

Overview
Started online applications for major products like housing loans.
Impact
Improved customer experience and increased applications.

Sustainability

  • Funding support for earthquake recovery
  • Conclusion of mutual disaster support agreements with regions
  • Operational efficiency improvements for reduced environmental impact
  • Promotion of economic revitalization through regional financial institution collaboration
  • Building sustainable management foundation
  • Ongoing community-based CSR activities
  • Promotion of child-rearing and education support initiatives
  • Contributions to regional disaster awareness activities
  • Advancement of women's empowerment and diverse talent development
  • Promotion of green finance
  • Paperless operations via digital tools
  • Sound management toward full public funds repayment