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SBI Shinsei Bank Completes Repayment of Public Funds

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Tokyo, July 31 (Jiji Press)–Japan’s SBI Shinsei Bank said Thursday that it has repaid all remaining public funds worth 230 billion yen to the government. For the repayment, its parent, SBI Holdings Inc., purchased SBI Shinsei preferred shares held by government-affiliated Deposit Insurance Corp. of Japan and Resolution and Collection Corp. Following the completion of repayment of public fun…

SBI Shinsei Bank Completes Repayment of Public Funds

Tokyo, July 31 (Jiji Press)–Japan’s SBI Shinsei Bank said Thursday that it has repaid all remaining public funds worth 230 billion yen to the government. For the repayment, its parent, SBI Holdings Inc., purchased SBI Shinsei preferred shares held by government-affiliated Deposit Insurance Corp. of Japan and Resolution and Collection Corp. Following the completion of repayment of public fun…

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