Corporate History
1957 |
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Apr |
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Established as The Nippon Fudosan Bank, Limited (Capital: ¥1 billion) in accordance with the Long-term Credit Bank Law |
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Nov |
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Started issuance of debentures | ||
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1958 |
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Sep |
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Started issuance of discount debentures |
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1964 |
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Jul |
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Started foreign exchange business as an authorized foreign exchange bank |
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Sep |
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Listed stock on the Tokyo Stock Exchange | ||
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1970 |
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Feb |
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Listed stock on the Osaka Securities Exchange |
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1977 |
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Oct |
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Changed name to The Nippon Credit Bank, Ltd. |
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1991 |
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May |
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Established NCB Private Equity Co., Ltd. (currently Aozora Investment Co., Ltd.) |
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1994 |
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Feb |
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Established The Nippon Credit Trust Bank, Ltd. (currently Aozora Trust Bank, Ltd.), the first domestic subsidiary classified as other type of business |
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1998 |
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Dec |
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Started special public management in accordance with the Financial Reconstruction Law and terminated listing of stock on the Tokyo Stock Exchange and the Osaka Securities Exchange |
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1999 |
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Jun |
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Established NCB Services Co., Ltd. (currently AOZORA Loan Services Co., Ltd.), commenced servicer operations in September 1999 |
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2000 |
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Jun |
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Share Purchase Agreement regarding the tranfer of the Bank's shares signed between Deposit Insurance Corporation and SOFTBANK CORP., ORIX Corporation, The Tokio Marine and Fire Insurance Co. (currently Tokio Marine & Nichido Fire Insurance Co., Ltd.), Ltd., and other financial institutions |
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Sep |
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Ended special public management | ||
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Nov |
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Commenced telephone banking services | ||
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2001 |
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Jan |
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Changed name to Aozora Bank, Ltd. |
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Apr |
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Launched Aozora Direct Time Deposit as a product exclusively available through telephone banking | ||
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2002 |
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Oct |
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Commenced over-the-counter sales of personal pension life insurance policies |
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2003 |
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Mar |
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Moved headquarters |
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Sep |
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Through a common stock tender offer conducted in accordance with the Securities Exchange Law, all common stock of the Bank held by SOFTBANK CORP. was transferred to the ownership of Cerberus NCB Acquisition L.P., General Partner Cerberus Aozora GP LLC | ||
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2004 |
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Oct |
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Launched Aozora Pocket Time Deposit (permits partial withdrawls before maturity) |
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2005 |
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Jun |
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Launched Excellent First time deposit (callable time deposit) |
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2006 |
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Sep |
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Converted from Long-Term Credit Bank to “Ordinary Bank" Issued Straight Bond Established a security subsidiary, “Aozora Securities Co. Ltd" |
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Nov |
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Listed stock on the Tokyo Stock Exchange Established Tokyo Nihonbashi Branch |
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2007 |
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May |
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Established Shanghai Representative Office |
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2008 |
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April |
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Tender offer for common shares by Cerberus NCB Acquisition, L.P. |
