Hachijuni Bank and Nagano Bank merger approved, forming new regional entity

The Hachijuni Bank and Nagano Bank have received regulatory approval for their merger, targeted for January 1, 2026. The new entity will operate under the name "Hachijuni Nagano Bank" (Hachijuni Nagano Bank, Ltd.) and will be headquartered in Nagano City, Nagano Prefecture, at 178-8 Okadenakamisho, retaining The Hachijuni Bank's current head office location.

Upon merger, the new bank will be led by representative director and president Masanori Matsushita. Key financial figures, based on the combined performance of the two banks as of September 2025, include capital of JPY 52.2 bn, deposits totaling JPY 9.522 trillion, and loans amounting to JPY 6.5776 trillion.

The consolidated entity is expected to have approximately 3,957 employees and operate 117 branches across Japan, excluding sub-branches, at the time of the merger.