The two regional lenders are headquartered in the prefecture of Mie, southwest of Nagoya. They plan to pair up under a new holding company to be established on April 2, 2018. They will set up a committee to prepare for the merger and aim to reach a final accord by this September.
Common challenges spur merger of Japan's Mie Bank, Daisan Bank
April 2018 move aimed at coping with rivalries, population woes