SBI Holdings to fully repay SBI Shinsei Bank public funds
SBI Holdings (TSE:8473) announced today that it will fully repay the remaining public funds owed by its consolidated subsidiary, SBI Shinsei Bank. The decision, made during a board meeting today, will see SBI Holdings cover the entire outstanding amount of approximately JPY230 billion. This repayment is in line with the "Agreement on a Definitive Repayment Scheme" concluded on March 7, 2025, between SBI Shinsei Bank, the Deposit Insurance Corporation of Japan, and the Resolution and Collection Corporation. SBI Holdings aims to complete the repayment by July 31, 2025. The specific method of repayment is currently under discussion. The company is also assessing the impact of this repayment on its future financial performance and will disclose further details as soon as they are available.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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