Shinsei Bank: Launch of credit guarantee service to Famima Digital One Co., Ltd. as part of its loan service, “FamiPay Loan” (179KB)


Shinsei Bank, Limited

Shinsei Financial Co., Ltd.

Launch of the credit guarantee service at Famima Digital One Co., Ltd.

as part of its Loan Service, “FamiPay Loan”

Tokyo (Monday, December 13, 2021) — Shinsei Financial Co., Ltd (head office in Chiyoda-ku, Tokyo; Junichi Kobayashi, President and CEO; hereinafter, “Shinsei Financial”), member of the Shinsei group Bank, has entered into a credit guarantee business alliance agreement with Famima Digital One Co., Ltd. Ltd. (Headquarters in Minato-ku, Tokyo; Kensuke Hosomi, Representative Director and Chairman, hereinafter, “FamilyMart”), and will begin providing credit guarantee service in connection with “FamiPay Loan”, a new loan service. provided by Famima Digital One, as of December 14, 2021.

“FamiPay Loan” is provided as part of “FamiPay”, which is a smartphone application for customers to receive all-in-one services including coupons / points / payment, and make them more satisfied as they use the services more for their daily purchases. This is a new service for “FamiPay Settlement”, a smartphone settlement service provided by Famima Digital One. This is a loan service that completes the entire process, from loan application to in-app use.

Shinsei Financial brings its expertise and a basic system of unsecured personal loan screening / collection / operations that it has cultivated for many years and supports the development of new financial services by Famima Digital One after the launch of the service ” FamiPay Loan “and this credit guarantee business alliance.

“Growth Through Value Co-Creation” is one of the core strategies of Shinsei Bank group in medium term strategies. Through this business alliance, we will combine Famima Digital One, which has a large customer base, with the financial expertise of Shinsei Financial to provide new reliable and convenient financial services to Famima Digital One clients.

[Service subject to warranty (outline)]

Product name Loan interest rate

Method of reimbursement

  • FamiPay loan
  • 0.8% to 18.0% (annual percentage rate)
  • Renewable payment based on the outstanding balance

Repayment period

No.of refunds

Deferred damages

C ollateral and guarantor

  • Up to 10 years from the last loan date
  • One to 120 times
  • 20.0% (annualized) Not required

P

ro

video

e

r

Famima Digital One Co., Ltd.

Method

of

Famipay app (Android, iOS)

application

[Overview of Famima Digital One]

NOT

a

m

e

:

Famima Digital One Co., Ltd.

To manage

Office

Representing

NOT

a

m

e

D

at

e

of

establishment

  • msb Tamachi Tamachi Station Tour S, 3-1-21 Shibaura, Minato-ku, Tokyo
  • Kazuhiro Nakano, Deputy Director and President
  • May 19, 2000

Paid-up capital

:

JPY1.095 billion

Shareholders

:

FamilyMart Co., Ltd. 100%

TO FINISH

******

Shinsei Bank is a leading diversified Japanese financial institution providing a diverse range of financial products and services to institutional and retail clients. The Bank has a network of points of sale throughout Japan and is committed to striving for uncompromising levels of integrity and transparency in all of its activities in order to earn the trust of its customers, staff and clients. shareholders. The Bank is committed to driving long-term profit growth and increasing value for all

its stakeholders. News and other information about Shinsei Bank are available at https://www.shinseibank.com/corporate/en/index.html

For more information, please contact:

Group Investor Relations & Corporate Communication Department

Shinsei Bank, Limited (www.shinseibank.com)

[email protected] (Media inquiries)

[email protected] (Investor and Shareholder Relations Surveys)

Warning

Shinsei Bank Ltd. published this content on December 13, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on December 13, 2021 06:05:08 AM UTC.

Public now 2021

All news on SHINSEI BANK, LIMITED
Sales 2022 236B
2,073 million
2,073 million
Net income 2022 42,133 million
371 million
371 million
Net debt 2022

PER 2022 ratio 9.25x
Yield 2022 0.64%
Capitalization 390B
3,443 million
3,435 million
Capi. / Sales 2022 1.66x
Capi. / Sales 2023 1.61x
Number of employees 5 605
Free float 35.5%

SHINSEI BANK, LIMITED Chart
Duration :

Period :

Technical Analysis Chart of Shinsei Bank, Limited |  MarketScreener

Technical analysis trends SHINSEI BANK, LIMITED

Short term Mid Road Long term
Tendencies Bullish Bullish Bullish

Evolution of the income statement

To sell

To buy

Average consensus SURPASS
Number of analysts 5
Last closing price

JPY 1,870.00

Average price target

JPY 1,902.00

Spread / Average target 1.71%


Comments are closed.