1999 12, dai-ichi kangyo bank, Fuji Bank and Industrial Bank of Japan entered into a three-line comprehensive restructuring agreement, and Mizuho Holdings was formally announced in September 2000. These two landmark events are the most important points in the development history of Mizuho Industrial Bank. In April 2002, the three banks were reorganized into Mizuho Bank and Mizuho Industrial Bank through separation and merger, and Mizuho Securities Company and Mizuho Trust Bank became the direct subsidiaries of Mizuho Holding Company.
Mizuho Industrial Bank of Japan is one of the core enterprises of Mizuho Financial Group, which was established on April 1 day, 2002. Provide customers with fast and perfect services with advanced financial technology, mainly serving large enterprises and their group companies, financial institutions, institutions and overseas Japanese-funded and foreign-funded enterprises.
Mizuho Industrial Bank has positioned China as the most important area for international business, and started to enter the mainland of China as early as 198 1. Mizuho Industrial Bank Shenzhen Branch was established at 1987, which is the first branch of Mizuho Industrial Bank in China.
On March 30, 2009, Mizuho Industrial Bank (China) Co., Ltd. Wuhan Branch officially opened in Hankou New World Center Store, which is the first business institution established by Japanese banks in the central and western parts of China. At present, Mizuho Industrial Bank of Japan has opened 10 business outlets and 2 representative offices in China, which has the largest business network among Japanese banks. As of March 2006, the total assets were 62,208.6 billion yen, the annual net profit was 486.6 billion yen, and the capital adequacy ratio was 12.87%. Mizuho Industrial Bank offers scholarships to many famous schools in the world, such as the People's University High School in China. The scholarship share of this school is 5000 yuan/person.