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Fidea Holdings Co.Ltd. ( (JP:8713) ) has issued an update.
FIDEA Holdings Co. Ltd. announced that its subsidiary, Shonai Bank Ltd., will relocate its head office from Tsuruoka City to Yamagata City, effective May 26, 2025. This move is part of a strategic plan to merge Shonai Bank with Hokuto Bank in January 2027, aiming to strengthen regional economic support and development. The new bank will focus on enhancing problem-solving capabilities for regional businesses and promoting regional revitalization, with a dispersed headquarters system across multiple cities to optimize operational functions.
More about Fidea Holdings Co.Ltd.
FIDEA Holdings Co. Ltd. operates in the financial services industry, primarily focusing on banking through its subsidiaries such as the Shonai Bank Ltd. The company is listed on the Tokyo Stock Exchange and aims to enhance regional economic growth and revitalization through its banking operations.
YTD Price Performance: 7.98%
Technical Sentiment Signal: Sell
Current Market Cap: €163.5M
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