§ Mr. RedmondTo ask the Chancellor of the Exchequer which Japanese banks have been granted a licence by the Bank of England to open a branch in London; and what reciprocal facilities have been granted to United Kingdom banks.
§ Mr. RyderThe following Japanese banks have been authorised by the Bank of England to open branches in the United Kingdom:
- Bank of Tokyo Ltd
- Bank of Yokohama Ltd
- Chuo Trust and Banking Company Ltd
- Dai-Ichi Kangyo Bank Ltd
- Daiwa Bank Ltd
595 - Fuji Bank Ltd
- Hokkaido Takushoku Bank Ltd
- Industrial Bank of Japan Ltd
- Kyowa Bank Ltd
- Long-Term Credit Bank of Japan Ltd
- Mitsubishi Bank Ltd
- Mitsubishi Trust and Banking Corporation
- Mitsui Bank Ltd
- Mitsui Trust and Banking Company Ltd
- Nippon Credet Bank Ltd
- Saitama Bank Ltd
- Sanwa Bank Ltd
- Sumitomo Bank Ltd
- Sumitomo Trust and Banking Company Ltd
- Taiyo Kobe Bank Ltd
- Tokai Bank Ltd
- Toyo Trust and Banking Company Ltd
- Yasuda Trust and Banking Company Ltd
In addition the Bank of England has authorised United Kingdom incorporated subsidiaries of a further eight Japanese banks.
Five United Kingdom banks have branches in Japan. The Government are not aware of any United Kingdom bank currently seeking authorisation for banking activities in Japan.