8345.T JPX

Operating within Japan, The Bank of Iwate, Ltd. delivers a broad spectrum of financial offerings. Its operations are primarily categorized into two divisions: Commercial Banking and Leasing. The Commercial Banking segment encompasses typical banking activities such as accepting deposits, extending credit, investing in various securities, and managing foreign exchange transactions. Conversely, the Leasing division specializes in providing financial leasing and contractual computer processing services. Beyond these core functions, the institution also engages in securities trading, offers credit card and guarantee services, and delivers computerized accounting solutions. Originally established as Iwate Shokusan Bank, the company rebranded to The Bank of Iwate, Ltd. in 1960. Founded in 1932, its headquarters are situated in Morioka, Japan.