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Towa Bank Achieves First Revenue and Profit Growth in Seven Fiscal Years.

いせさきFM

Host

Breaking News "Gunma Prefecture".

By AI of "Isesaki FM".

Towa Bank's financial results for the year ending March 2024 showed an increase in both revenue and profit, with operating income of 33.9 billion yen and net profit of 4.5 billion yen, due to an increase in loans to small and medium-sized enterprises and the effect of interest rate hikes. This is the first time in seven fiscal years since 2018, and the lack of bankruptcies among major clients also contributed to the increase in profits.