Aozora Bank has announced the submission of its revised business revitalization plan to Japan's Financial Services Agency.
Aozora has noted that this revised plan sets out its primary focus of expanding its client franchise in Japan, especially in the area of secured and structured lending, while using its balance sheet and strong tier-one capital position to generate predictable, sustainable, client-driven earnings that will increase the valuation of the bank.
The bank has said that it remains committed to the achievement of the business revitalization plan. The bank has already accumulated sufficient retained earnings to make full repayment of public funds. The early repayment of public funds remains a strategic priority.