Yomiuri: SBI Shinsei Bank Considers Re-listing Application as Early as July

Dow Jones
Jun 17, 2025
 

By Kazuma Nagahara

Yomiuri Shimbun Staff Writer

 

SBI Shinsei Bank Ltd. is considering applying to be re-listed on the Tokyo Stock Exchange, it has been learned. It plans to submit the application as early as July.

The bank, which is a subsidiary of SBI Holdings Inc., intends to repay public funds it received from the government by the end of the year before proceeding with the re-listing, sources familiar with the matter said on Friday.

According to the sources, the bank has begun discussions with multiple securities firms regarding procedures for an initial public offering. The final decision on the timing of the re-listing will be made after carefully assessing market conditions.

SBI Shinsei Bank originated from the former Long-Term Credit Bank of Japan Ltd., which collapsed due to the bursting of the asset bubble in the 1990s. The bank was delisted in 2023 to expedite repayment of the public funds. In May, SBI Holdings announced a third-party allotment of shares to NTT Corp., among other moves. A portion of the newly raised funds will be allocated to repaying the remaining 230 billion yen of the public funds.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

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June 16, 2025 21:12 ET (01:12 GMT)

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