The Japan Financial Services Agency has granted Minato Bank permission to undertake concurrent trust business under Article 1 of the Act on Concurrent Trust Business of Financial Institutions. The release also set out an overview of Minato Bank, including its head office in Kobe, capital of JPY 39.9 billion, total assets of JPY 4,583.3 billion, 106 branches, 1,789 full-time officers and employees, and a standalone capital adequacy ratio of 10.06% under the domestic standard.