• Wed
  • Sep 17, 2014
  • Updated: 9:11pm

Dkb Group

Japanese powerhouses merge

Tokyo: Industrial Bank of Japan and Dai-Ichi Mutual Life Insurance have announced the latest in a series of alliances between Japanese financial giants.

Sunday, 4 October, 1998, 12:00am

The Week in Quotes

'All illegal conduct by Dai-ichi Kangyo Bank and Nomura Securities Co extremely damages their credibility as financial institutions . . . and it is quite regrettable,' - - said Bank of Japan governor Yasuo Matsushita after the firms were given the stiffest-ever penalties.

3 Aug 1997 - 12:00am

Politicians probed for scandal link

Japanese prosecutors are investigating the possibility of links between the gangster involved in the Nomura Securities/Dai-Ichi Kangyo Bank (DKB) scandal and senior Japanese politicians, an investigator involved in the scandal says.

17 Jun 1997 - 12:00am

Guangdong firm signs US$20m loan

FIVE Japanese banks have signed a US$20 million loan facility with the Guangdong International Trust and Investment Corp (GITIC).

The three-year facility, which was priced at 0.5 percentage point above the London interbank offered rate, was arranged by Dai-Ichi Kangyo Bank.

7 Apr 1993 - 12:00am

ADB seeks bridge aid

THE Asian Development Bank has invited commercial financial institutions to provide a further US$79 million to finance the construction and development of the Shanghai Yangpu bridge project.

The co-financing facility is in addition to a principal loan of $85 million to China through the People's Bank of China, which acts as the borrowing window.

19 Feb 1993 - 12:00am