Japan's SBI Holdings, Fukushima Bank to form capital, strategic tie-up

Japan's SBI Holdings, Fukushima Bank to form capital, strategic tie-up

Kabukicho, Tokyo, Japan. Photo: Fabrizio Chiagano

Japanese internet banking giant SBI Holdings Inc and Fukushima Bank Ltd will form a capital and strategic tieup, with SBI taking a 17.91% stake in the regional lender, the companies said on Monday.