Corporate History

1957 Apr Established as The Nippon Fudosan Bank, Limited (capital: ¥1 billion) in accordance with the Long-Term Credit Bank Law
1977 Oct Changed name to The Nippon Credit Bank, Ltd.
1994 Feb Established The Nippon Credit Trust Bank, Ltd. (currently GMO Aozora Net Bank, Ltd.), the first domestic subsidiary classified as other type of business
1998 Dec 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
1999 Sep NCB Services Co., Ltd. (currently Aozora Loan Services Co., Ltd.), commenced servicer operations
2000 Sep

Share Purchase Agreement regarding the transfer of the Bank's shares was signed between Deposit Insurance Corporation and SOFTBANK CORP., ORIX Corporation, The Tokio Marine and Fire Insurance Co., Ltd. (currently Tokio Marine & Nichido Fire Insurance Co., Ltd.), and other financial institutions

Ended special public management

Oct Received public funds
Nov Commenced telephone banking services
2001 Jan Changed name to Aozora Bank, Ltd.
2003 Mar Moved headquarters (Relocated from Chiyoda-ku Kudan Kita to Kudan Minami)
Sep 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 L.L.C.
2005 Jun Established a subsidiary, Aozora Asia Pacific Finance Limited, in Hong Kong
Jul Established New York Representative Office
2006 Apr

Converted from "Long-Term Credit Bank" to an "Ordinary Bank"

Established a securities subsidiary, Aozora Securities Co., Ltd.


Listed on the First Section of the Tokyo Stock Exchange

2007 May Established Shanghai Representative Office
2008 Apr Tender offer for common shares by Cerberus NCB Acquisition, L.P., General Partner Cerberus Aozora GP L.L.C.
2009 Apr

Established Internet Branch (currently BANK Branch)

Commenced Internet banking services

2011 Dec Completion of acquisition of Japan Wealth Management Securities, Inc., making it a wholly-owned subsidiary of the Bank (Merged with Aozora Securities Co., Ltd. in February 2012. New company name: Aozora Securities Co., Ltd.)
2012 Aug Announced the Comprehensive Recapitalization Plan
Dec Established Financial Oasis Jiyugaoka (Shibuya Branch Jiyugaoka Office)
2013 Jan Secondary offering of Aozora common stock by parent company, Cerberus NCB Acquisition, L.P., General Partner Cerberus Aozora GP L.L.C.
Mar Launched Aozora Cash Card Plus (Visa debit)
Established Aozora Regional Consulting Co., Ltd.
Aug Cerberus NCB Acquisition, L.P., General Partner Cerberus Aozora GP L.L.C. sold its entire remaining stake in Aozora
2014 Feb Established an investment trust subsidiary, Aozora Investment Management Co., Ltd.
May Established Singapore Representative Office
2015 Jan Established an investment advisory subsidiary, Aozora Real Estate Investment Advisors Co., Ltd.
Jun Full repayment of public funds
Dec Established a subsidiary, Aozora Europe Limited, in London
2016 May Completed conversion to new Kanjo-kei core banking system
2017 May Moved headquarters (Relocated to Chiyoda-ku Kojimachi)
Established an M&A advisory subsidary, ABN Advisors Co., Ltd.
2018 Apr Established a fund management subsidary, Aozora Corporate Investment Co.,Ltd.
Jul GMO Aozora Net Bank, Ltd. commences Internet banking services
Aug Received approval to engage in concurrent trust operations as per Article 1 of the Act on Engagement in Trust Business Activities by Financial Institutions
Oct Completed transfer of trust operations from GMO Aozora Net Bank, Ltd. and started trust business operations

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