Japanese Internet-bank penetrated USA
Aug 11, 2008 by Nash
Japanese Internet bank eBank Corp entered the US market. The federal reserve gave permission to the Japanese firm to open a representation office in San Francisco.
Before that eBank Corp that renders services exclusively via Internet had the only office outside Japan - in Hong Kong. According to the Federal Reserve the Japanese bank won't attract deposits on the territory of the USA.
The eBank Corp assets are 6.1 billion dollars.