Ginza, Tokyo's famous business district, is much more bustling and lively than Akihabara.

It's one of the three busiest streets in the world and one of the most expensive in the world.

The country has a master banking system, which is an informal system that can effectively deal with the contradictions in the financial needs of enterprises. Because it can play a role in guaranteeing and supporting the development of enterprises, it will continue to be used in a large number of Japanese industries and businesses in the future. As a result of changes in various economic and social factors, as well as changes in the structure of production, the main banking system itself will change. However, the strength of the major banks is still intact, and the relationship with the large groups is still close, and this change should be relatively slow. Therefore, in the general situation, various private banks came into being.

Private banks lend more easily and flexibly than some state-controlled banks

Kagawa came here early in the morning with his real estate on purpose, and his destination was Sony Bank, which is located here.

Sony Bank

It is a commercial bank established in April 2001. It has no physical branches or ATMs, and all banking processes are conducted online or over the phone.

Sony Bank is a subsidiary of Sony Financial Holdings and a member of the Sony Group. Sony Group is considering expanding the subsidiary and expanding into the Australian market. Its business includes: foreign currency deposits, trust investments and home loans.

When Sony Bank was founded in 2001, its web use was restricted in Japan compared to the United States. At the time, only 24 million people in Japan used the Internet every month. Still, the company wants to provide infrastructure construction.

Sony Bank added 340 online accounts in the first hour. The Company offers Japanese yen deposits, investment trusts, credit card loans, and bank payments. It also wants to allow its customers to use ATMs from Japan Post.

In 2001, Sony Bank wanted to have 400,000 customers by 2004. In February 2001, the company wanted to have $5.2 billion in deposits. Three months later, it lowered that figure to $4.1 billion in deposits.

In February 2001, Sony Bank targeted $8.6 billion in deposits for 2006. At the time, Japanese analysts were generally bullish on the bank's prospects. raymondh.

GraberofTowerGroup suggested that the bank could create synergies with other Sony financial businesses.

Despite this, advisor Paul Jamison Gomez warns that customers will expect high hopes from Sony Bank. Shigeru Ishii served as the first Chairman of Sony Bank. As of 2005, the company faced weak earnings. By 2007, Sony Bank had amassed 500,000 customers. This year, Sony plans to add an online brokerage.

After Sony Bank was established in 2001, Sony owned 80% of its shares. By 2005, its shareholding had risen to 84.2 per cent. When JPMorgan Chase sold its stake, Sony increased its stake by 87.4%.

Sumitomo Mitsui Banking Corporation holds a 16% original stake in Sony Bank, allowing Sony Bank customers access to its 7,600 ATMs. By 2005, Sumitomo Mitsui Banking Corporation's stake in Sony Bank had decreased to 12.6%. JPMorgan Chase Bank was established in 2001 with a 4% stake in Sony Bank. J.P. Morgan wants to expand its asset and wealth management services in Japan. The company held a 3.2% stake in it until 2005. By 2005, JPMorgan Chase sold its entire stake to Sony Mobile.

After Sony Mobile fully embraced Sony Bank, Sony Bank has developed a highly competitive private bank in China in just one year.

Compared to other banks' strict requirements for loans, Sony Bank has much fewer restrictions and a much better loan ceiling than other banks.

Kagawa Yu's choice of Sony Bank is precisely because of his advantages.

Not many people come to Sony Bank early in the morning.

"What services do you need?" The attendant sitting at the window asked with a professional smile.

"Loans." Kagawa Yu smiled in return.

"I don't know how much you'd like to get?"

"I hope to talk to your manager"

As soon as the service staff heard that she might have encountered a big deal, she didn't dare to slack off and dialed the phone number of the department manager.

Soon after, a man in a silver suit, about forty years of age, with a square face, a very clean face, without the slightest stubble, and his eyes were shining.

"Do you want a loan?" The middle-aged man didn't talk nonsense after seeing Kagawa Yu.

"Yes..."Kagawa Yu's attitude is neither humble nor arrogant, without the slightest restraint.

"Okay, please come with me" The middle-aged man was slightly shocked when he saw this young man's performance, as if he was not as calm as him at this age.

"Let me introduce myself, I'm a business manager at Sony, and my name is Junichi Mitsui." After arriving at his office, Junichi Mitsui officially introduced himself.

"Hello, my name is Kagawa Yu and I'm an agent."

The two of them sat down before they officially entered the topic.

"I wonder how much Kagawa-san wants to borrow?" Junichi Mitsui looked at Kagawa Yu very seriously.

"$30 million."

When Jun Mitsui heard this, he frowned all of a sudden.

This amount of money is so huge that even I can't make the decision.

If the loan is successful, it will be the largest transaction since the establishment of Sony Bank

He had to think it through

"Kagawa-san, this amount is a bit big... I'm afraid it's going to be difficult," Junichi Mitsui wanted to refuse.

"Mr. Mitsui, I have a few houses in downtown Sapporo here, which are worth about 20 million... There is also a house in Kagoshima that is worth about 5 million, so I guess it can be mortgaged. Kagawa Yu took out his two house deeds and handed them to Junichi Mitsui.

"Kagawa-san, please wait a moment and we'll do a verify..."

"Please take care of yourself."

Junichi Mitsui left his office with two deeds;

"I'm very sorry to keep you waiting for Kagawa-san to pass our verification, and the approximate value of your two houses should be about $24 million." About ten minutes later, Junichi Mitsui walked in with a smile on his face.

"I can receive"

"That's Kagawa-san, if you take out a loan now, we will transfer the money to your account within three days, what do you think?"

"I can accept that."

After a series of tedious processes, Kagawa successfully borrowed $30 million from Sony Bank.

However, on the other hand, Sony Bank's interest rate is also relatively high.

"Thank you very much, Mr. Mitsui."

"That's what I'm supposed to do, but Mr. Kagawa must remember the repayment date."

"I won't forget."