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The 77 Bank (TSE:8341) Cash, Cash Equivalents, Marketable Securities


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What is The 77 Bank Cash, Cash Equivalents, Marketable Securities?

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The 77 Bank (TSE:8341) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The 77 Bank Ltd (TSE:8341) » Definitions » Cash, Cash Equivalents, Marketable Securities
Traded in Other Exchanges
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Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.