Top List of Banks in Japan

Japan has a long banking history, dating back to the Edo Period. The country's modern banks are some of the largest and most influential globally and are respected for their soundness. As such, foreign customers can be confident that their funds will be safe with Japanese institutions.

The best banks in Japan offer an extensive range of products and services, including both credit and debit cards with extensive rewards programs and loyalty benefits. The best banks also have low fees and offer excellent interest rates on savings accounts. To help you choose the bank that's right for you, our editors have researched several factors, from checking accounts to mortgage loans, to determine which banks are the Best in Japan. The following is a list of some of the best banks in Japan:

Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group is a Japanese bank holding / financial services company headquartered in Chiyoda, Tokyo, Japan. The Bank of Tokyo, established in 1880, was the oldest of the three banks which merged into Mitsubishi Tokyo Financial Group (MTFG) in 1996. It is the world's largest bank holding Company, with total assets of approximately US$3.1 trillion as of 2020. The Group will have over  168,400 employees in 2020 and offers commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

Japan Post Bank

Japan Post Bank Co., Ltd. is a Japanese postal savings bank wholly owned by the government of Japan through the Ministry of Finance. It is engaged in the banking business, including retail banking and global custody business. As of 2019, the bank had Total assets: ¥205 trillion, making it the world's largest bank by that measure. The bank has about 24,000 branches in Japan and about 12,800 employees worldwide. In addition to postal deposits and postal remittances (for payments such as utility bills), the bank offers various accounts, including time deposits, fixed deposit accounts for children under 20 years old, current accounts for companies, and cash cards for individuals.

Mizuho Financial Group

Mizuho Financial Group, Inc., often referred to as simply "Mizuho", is a banking holding company headquartered in the Ōtemachi district of Chiyoda, Tokyo, Japan. It holds over USD 1.849 trillion as of 2017, making it one of the largest financial services companies in Japan, after Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Financial Group (SMFG). As of 2020, the bank had 59,132 employees distributed amongst its 515 branches. Mizuho offers retail banking, asset management, private banking, securities services and investment banking. Mizuho Bank carries out its banking operations, and Mizuho Securities carry out its securities operations.

Sumitomo Mitsui Financial Group

Sumitomo Mitsui Financial Group, Inc. (SMFG) is a Japanese financial holding company created by the merger of the two bank holding companies Sumitomo Mitsui Banking Corporation and UFJ Holdings on October 1, 2005. SMFG is an integrated financial services group primarily engaged in retail, business, and global corporate banking businesses. It also engages in investment management and life insurance businesses through subsidiaries and other companies. 

Sumitomo Mitsui Financial Group, Inc. is a holding company for Sumitomo Mitsui Banking Corporation and its subsidiaries. The Group's core banking unit, Sumitomo Mitsui Banking Corporation (SMBC), has over $1,951,858 (2020) trillion US dollars in assets and over 103,000 employees as of March 30, 2020. The bank also operated 463 branches across Japan on September 30, 2019.

Norinchukin Bank

The Norinchukin Bank is a Japanese agricultural cooperative bank with its main office in Tokyo. It has branches and offices throughout Japan and in New York City, London, Hong Kong, Shanghai, and Singapore. As of March 31, 2019, the bank had total assets of 105.48 trillion yen (US$1.00 trillion), making it the largest bank in Japan by assets. As of March 31, 2017, it employed 3,229 people. The bank provides 83 agricultural, forestry, and fishery cooperatives in Japan. 

Resona Holdings

Resona Holdings, Inc. is a Japanese financial holding company headquartered in Osaka that offers banking and financial services. It was formed through a merger between Asahi Bank and Daiwa Bank in 2001, with the government's support, which considered the two banks to be at risk of failure. Resona Holdings's business includes retail banking, corporate banking, investment banking, asset management, and leasing. The Group's business also includes consumer financing through Saitama Resona Bank's subsidiary Orient Corporation and credit card processing through Resona Card Co., Ltd.

As of 2020, the bank had around 73.7 trillion total assets. It will also have 27.8 thousand employees across its 288 branches in 2021.

Concordia Financial Group

 Concordia Financial Group is the holding Company of Concordia Bank and Concordia Securities. Established in 2016, the Group was founded by Seiichi Saito, who had previously established the Yasuda Bank and later the Shinsei Bank. Concordia Financial Group Ltd. operates as a financial holding company. The Company, through its subsidiaries, provides personal banking, asset management, and lending services. The Group had more than 4,687 employees in 2016  and had total assets of 21,577.39 billion yen as of 2021.

Fukuoka Financial Group

Fukuoka Financial Group, Inc. is a Japanese regional bank headquartered in Fukuoka, Fukuoka Prefecture. Fukuoka Financial Group was established on April 1 2001, as a holding company for Fukuoka Bank and FBS Bank (previously known as Chikuho Bank). As of 2021, the consolidated total assets are $261,483 Billion, and the total number of employees was estimated to be around 8.11k in 2016. The bank had a total of about 300 branches countrywide.

The Regional banking segment provides deposits and lending products. The Credit card segment offers credit cards, instalment loans and other related products. The Securities segment provides investment trust management services and securities brokerage services.

Chiba Bank

Chiba Bank, Ltd. is a Japanese regional bank headquartered in Chiba City, Chiba Prefecture. It was formerly known as Chiba Shinkin Bank. It was established on April 1, 2004, as a successor to the former Chiba Bank and Nittsu Bank. As of  2020, the bank had approximately 1.4 million customers, with 634 branches operating in Chiba Prefecture and Tokyo. As of 2021, the bank had total assets of $863.00 B and 4,355 employees in 2019 distributed among the 634 branches.

Hokuhoku Financial Group

Hokuhoku Financial Group, Inc. is a regional bank based in Kanazawa, Ishikawa Prefecture, Japan. It was established as Nagaoka Shinkin Bank in 1950. As of 2021, its assets totaled $158,120 Billion, and its net income was JPY 17.5 billion with 5,432 employees.

Hokuhoku Financial Group is a financial group that offers banking, credit card, and securities brokerage services through their subsidiaries.


Q.What is Japan's biggest bank?

A.Mitsubishi UFJ Financial Group (MUFG) is Japan's largest financial institution, holding over US$3.1 trillion in assets and employing more than 168,400 employees worldwide in 2020. It was founded in 2005 through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings. The Company has three business segments: retail banking, commercial banking, and global banking. MUFG banks have operations in 40 countries around the world.