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THE TOWA BANK,LTD.

Latest Tokyo Brief coverage on THE TOWA BANK,LTD., tracking filings, financial news, and market signals from Japan.

Code
8558
Exchange
TSE
Coverage
2 articles

Latest coverage

TSE:8558

  1. Towa Bank to Sell ¥11.3bn in Securities to Cover a Single Borrower's Bad Debt

    Towa Bank plans to sell about ¥11.3bn of securities for a ¥5.5bn gain, using it to absorb most of a ¥5.8bn uncollateralized loss from a single borrower, Zentoshin, and says its profit forecast for the year to March 2027 holds for now, subject to review at its August 4 earnings release.

  2. Towa Bank Faces ¥8bn Exposure After Client's Bankruptcy Filing

    One client's collapse leaves Towa Bank facing ¥8bn in troubled loans, worth 8.83% of its consolidated net assets, with ¥5.89bn due for full provisioning within the year.