Mizuho Financial Group |
Mizuho Financial Group, Inc. (MHFG) is the second largest financial services group in Japan. Its banking businesses rank the third in Japan after MUFG (Mitsubishi UFJ Financial Group) and SMFG (Sumitomo Mitsui Financial Group), and the 12th in the world by total assets as of June, 2011. Mizuho Financial Group was formed in 1999 by the merger of The Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan (IBJ). Mizuho means "golden ears of rice" in Japanese and was used in the classical text Nihon Shoki to describe Japan, but in the banking world it means the first bank with a trillion dollars in assets. It holds assets in excess of US$1.94 trillion (6/2011) through its control of Mizuho Bank, Mizuho Corporate Bank, and other subsidiaries. The Group, through its subsidiary banks, provides various financial services, including banking, securities, trust and asset management services. The Company's subsidiaries are segmented on the basis of the nature of the financial products and services and the type of customers: • Mizuho Bank, Ltd. (MHBK), a retail-oriented banking subsidiary, offers financial services mainly to individual customers, small and medium enterprises (SMEs), middle-market corporations and local governmental entities in Japan. Mizuho Bank is the only bank to have branches in every prefecture in Japan. It serves over 26 million Japanese households. Head Office address: |
