North Pacific Bank,Ltd. Stock

North Pacific Bank, Ltd. provides various banking products and services.

The company has overseas representative offices in Dalian and Shanghai, China and in Bangkok, Thailand. In addition to its overseas representative offices, the company maintains business partnerships with a total of 11 financial institutions. The company offers negotiable certificates of deposit and other deposits; and housing loans.

The company supports customers' overseas subsidiaries with their funding through affiliated financial institutions. A standby letter of credit is a letter of guarantee issued by the company to a foreign financial institution, in order to create a credit facility for its customers' overseas subsidiaries at that foreign financial institution.

The company offers multifaceted support to its customers for foreign exchange transactions, such as by providing fast and accurate information in relation to foreign exchange markets.

North Pacific Bank Forex Online Service is an internet-based foreign exchange banking service allowing users to order overseas remittances, open and amend letters of credit, and settle currency forward contracts from their computers. Transactions can be made in 15 currencies (9 currencies for currency forward contracts).

The company offers Foreign Currency Home Delivery and Foreign Currency Mail-order Purchasing Services in partnership with Travelex Japan K.K., as well as the Travelex Preferential Over-the-counter Market Currency Exchange Rate Service.

Business Strategy

Corporate

The company's strategy is to develop an understanding of business potential to make proposals for customer business growth, promote investment and financing in growth fields, and support management improvements.

Individual

The company's strategy is to strengthen consulting based on understanding of the customer, and support each individual in designing sustainable living.

Region

The company's strategy is to strengthen local partnership-based initiatives for new/growing industry, thereby encouraging investment in Hokkaido while attracting consumption.

History

North Pacific Bank, Ltd. was founded in 1917. The company was incorporated in 1917.