Gunma Bank and Daishi Hokuetsu FG to Integrate Management.

Breaking news "Gunma Prefecture".
By AI of "Isesaki FM".

Gunma Bank and Daishi Hokuetsu Financial Group, which owns Daishi Hokuetsu Bank, have reached a basic agreement to merge by April 2027. With this merger, the consolidated total assets will be the third largest in the regional banking industry.
After the merger, the banks will aim to acquire deposits and strengthen lending operations, which are more important in an environment of rising interest rates, while also investing in IT and streamlining operations.
The two banks will not merge, and Gunma Bank and Daishi Hokuetsu Bank plan to maintain their head offices in Maebashi and Niigata, respectively.