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Toyo Govt-Backed Bank Raises Capital, No Announcement.
(From Jiji)
Tokyo, Sept. 5 (Jiji Press)--ShinGinko Tokyo, a bank set up by the Tokyo metropolitan government, has raised 18 billion yen in capital through third-party share allotments to business partners, without announcing the capita replenishment, Jiji Press learned Monday.
The bank, which was set up with 100 billion yen from the Tokyo government and began operating in April, earlier this year announced that it would raise a total of 50 billion yen by issuing new shares to private-sector firms by the end of …
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