Introduction
On April 21, 2025, SBI Securities, based in Minato, Tokyo, announced an exciting partnership with Gunma Bank from Maebashi, Gunma Prefecture, to launch a financial product intermediary service aimed at enhancing investment opportunities for local customers.
Background
Gunma Bank holds the number one market share in the region, serving as the main bank for many local businesses. Its strong commitment to the local economy is reflected in its purpose: "We weave the future of the region through our connecting power." By solving the challenges faced by customers and the community, Gunma Bank is dedicated to achieving sustainable growth alongside the regional society.
New Financial Service
The new service will enable Gunma Bank customers to open SBI Securities' comprehensive securities accounts directly through the bank's official website. This seamless integration ensures that customers can access a wide range of financial products and services tailored to their investment plans. In addition, the "Gunma Bank Real-Time Deposit" service will be available, allowing for immediate fund transfers.
Gunma Bank Real-Time Deposit
The Gunma Bank Real-Time Deposit service allows funds to be transferred directly from personal ordinary savings accounts to SBI's trading accounts. After registering a transfer account on SBI's website, customers can initiate transfer instructions, reflecting their purchase power instantly without incurring any fees. This convenient process is entirely contained within the SBI website and is also available to existing customers of SBI by switching to a Gunma Bank intermediary account.
Benefits of the Partnership
This collaboration not only facilitates the entry of new investors into the capital market but also anticipates significant growth of SBI Securities' customer base. By providing easy access to investment opportunities, the partnership aims to encourage more individuals to engage with various financial products and services, contributing to a more robust local economy.
Conclusion
The alliance between SBI Securities and Gunma Bank marks a significant step towards enhancing the investment landscape for local residents. As both institutions work together, they are poised to create meaningful economic interactions that benefit not just their clients but the community at large. This partnership exemplifies the commitment of both companies to support sustainable economic growth in the region and empower individuals to take charge of their financial futures.
Company Overview of Gunma Bank (as of March 2024)
- - Company Name: Gunma Bank, Ltd.
- - Established: September 1932
- - Head Office Location: 194 Motohonmachi, Maebashi, Gunma Prefecture
- - Deposits: 8.3162 trillion yen
- - Capital: 48.6 billion yen
- - CEO: Akihiko Fukai
- - Registration Number: Kanto Finance Bureau Director No. 46
- - Affiliated Associations: Japan Securities Dealers Association, Financial Futures Association of Japan
Company Information of SBI Securities
- - Company Name: SBI Securities Co., Ltd.
- - Registration Number: Kanto Finance Bureau Director No. 44
- - Affiliated Associations: Multiple including the Japan Securities Dealers Association
With an array of new offerings on the horizon, SBI Securities and Gunma Bank aim to ensure that local investors have the tools they need to succeed.