SAIKYO

What SAIKYO does

SAIKYO (株式会社西京銀行, THE SAIKYO BANK, LTD.) is a privately held regional Japanese bank headquartered in Shunan, Yamaguchi Prefecture, with bank code 0570 and a 95-year operating history since founding in 1930. The bank provides full-service retail and corporate banking, including deposits (savings, time deposits, foreign currency, retirement pensions), lending products (mortgages, car, education, reform, cardless, free loans), insurance distribution, iDeCo individual defined contribution pension administration, and co-branded VISA cards. Core technology infrastructure consists of internet banking (さいきょうインターネットバンキング), smartphone banking (さいきょうスマホバンキング) with on-app account opening, and a digital passbook service (さいきょうかんたん通帳), supplemented by open banking-compliant API connections to 17+ third-party fintech and accounting software providers including Freee, Yayoi, Money Forward, TKC, MJS, NTT Data, Moneytree, and Sorimachi.

The bank's revenue model combines traditional net interest income (NII) from deposit-lending spreads, recurring fee income from insurance commissions and iDeCo administration, transaction fees from electronic payment and ATM services, and consulting/advisory fees for corporate customers. The go-to-market is sales-led through a full-staff consulting model (全行員がコンサルティング業務), with all branches staffed to deliver both retail and corporate advisory services. Specialized units include a Medical Support Division (メディカルサポート部) serving healthcare providers and a Tokyo Business Department (東京営業部) extending reach into the metropolitan market.

The bank's distribution is anchored by a branch and ATM network throughout Yamaguchi Prefecture, with preferential ATM partnerships including Seven Bank. Customer segments are split between individual retail customers (deposits, mortgages, consumer loans, insurance, iDeCo, digital banking) and corporate/SME customers (working capital, DX consulting, SDG declaration support, business matching). Notable partnerships include Shunan Public University (周南公立大学) for co-hosted DX seminars and a 25% mid-career hiring rate in FY2023 indicating active workforce development. The bank achieved a 2 trillion yen (~$13.3B) deposit balance milestone in May 2024 and continues to expand its open banking ecosystem and consulting capabilities, including establishment of an Advisory Board in June 2026.

Name

SAIKYO

Legal name

THE SAIKYO BANK, LTD.

Website

https://saikyobank.co.jp

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

501–1,000 employees

Short description

SAIKYO is a privately held regional Japanese bank (founded 1930) headquartered in Yamaguchi Prefecture, providing retail and corporate banking, lending, insurance, and open-banking-integrated digital services to individuals, SMEs, and healthcare providers across western Japan.

Ownership category

akta.pro rank

Product category

Regional Banking

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218), Finance and Insurance (52)

SIC

State Commercial Banks (6022), National Commercial Banks (6021), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Agricultural & Rural Development Banks (FSABAKAE)

akta.pro secondary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Regional banking services
• Consumer lending
• Retail deposits
• SME corporate banking
• Digital banking

Headquarters

HQ city

Yamaguchi

HQ country

Japan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Interest Income from Lending: Traditional bank interest income from mortgage loans (住宅ローン), reform loans (リフォームローン), car loans (マイカーローン), education loans (教育ローン), free loans (フリーローン), and cardless loans (カードレスローン). The bank serves both individual retail customers and corporate clients.
2. Deposit Taking and Account Services: Collection of deposits including savings accounts (普通預金), time deposits (定期預金), and retirement deposits (退職金定期預金). Generates income through the spread between lending and deposit rates. Interest rate increases announced in June 2026 for deposit rates and short-term prime rates.
3. Insurance Products Distribution: Distribution of life insurance, whole life insurance (終身), medical insurance, and cancer insurance (がん保険) products. Earns commission revenue from insurance product sales.
4. Foreign Currency Deposits: Foreign currency deposit products (外貨預金) offered as part of wealth management services.
5. Individual Defined Contribution Pension (iDeCo): Individual-type defined contribution pension plans (個人型確定拠出年金 iDeCo) managed on behalf of customers, generating administration and management fee revenue.
6. Electronic Payment and Transaction Fees: Fee income from electronic payment services including Pay-easy, smartphone banking account openings, and inter-bank fund transfers through the bank's digital channels.
7. Consulting and Advisory Services: Financial consulting services to corporate customers including management advisory, DX support seminars, and business matching services. The bank established an Advisory Board in June 2026 to enhance consulting capabilities.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

SAIKYO (The Saikyo Bank, Ltd.) is a regional Japanese bank headquartered in Yamaguchi Prefecture that provides full-service retail and corporate banking. Its offerings include deposits (savings, time, foreign currency), lending (mortgage, auto, education, cardless, free loans), insurance distribution, iDeCo pension plans, and digital banking channels (internet and smartphone banking). The bank also operates specialized advisory services, including a Medical Support Division, and pursues regional revitalization through SDG support, DX seminars, and community partnerships.

Product overview

Saikyo Bank operates as a regional financial institution offering a unified banking platform centered on digital services. The core digital infrastructure includes internet banking (さいきょうインターネットバンキング) and mobile banking (さいきょうスマホバンKING) platforms that serve as the primary channels for customer transactions. Additional services include simplified account management (さいきょうかんたん通帳), cardless lending (さいきょうカードレスローン), automobile loans (さいきょうマイカーローン), and education loans (さいきょう教育ローン). The bank also provides foreign currency deposits, VISA card services, iDeCo pension plans, and corporate financial diagnostic services. These products are offered through physical branches, ATMs (including Seven Bank network), and digital channels, with various promotional campaigns tied to major milestones and events.

Differentiator

Problem solved

Functional benefit

Brands

• ACT SAIKYO: A badminton team/sports initiative sponsored by Saikyo Bank, competing in the S/J League.

Products and services

• Saikyo Internet Banking (さいきょうインターネットバンキング) Online banking platform for personal and corporate customers providing account management, transfers, bill payments, and transaction history access with two-factor (hardware token) authentication.
• Saikyo Smartphone Banking (さいきょうスマホバンキング) Mobile banking application enabling account opening, transfers, balance inquiries, and full banking services on smartphones for retail and corporate customers.
• Saikyo Easy Passbook (さいきょうかんたん通帳) Digital passbook service providing easy-to-understand transaction summaries and visual spending analytics for retail banking customers.
• Mortgage Loan (住宅ローン) Housing loan product with variable and fixed rate options for individuals purchasing residential property.
• Reform Loan (リフォームローン) Loan product for home renovation and improvement expenses for individual borrowers.
• Saikyo Mycar Loan (さいきょうマイカーローン) Automobile loan product for new and used vehicle purchases with competitive interest rates for individuals.
• Saikyo Education Loan (さいきょう教育ローン) Education loan product for tuition and educational expenses for students and families.
• Free Loan (フリーローン) Multi-purpose unsecured consumer loan for individual borrowers with interest rates based on creditworthiness.
• Saikyo Cardless Loan (さいきょうカードレスローン) Cardless loan product providing quick access to credit without the need for a physical card, with a streamlined application process for individuals.
• Saikyo Lending Service (さいきょう融資取引サービス) Online lending management platform for loan applications and servicing for individual customers.
• Foreign Currency Deposits (外貨預金) Foreign currency deposit service allowing customers to hold and transact in multiple foreign currencies as part of wealth management.
• Saikyo VISA Card (西京VISAカード) Co-branded credit card issued in partnership with Visa, offering banking and payment services for personal banking customers.
• Individual Defined Contribution Pension iDeCo (個人型確定拠出年金 iDeCo) Individual-type defined contribution pension plan enabling tax-advantaged retirement savings, generating administration and management fee revenue.
• Insurance Products (保険商品) Distribution of life insurance, whole life insurance, medical insurance, and cancer insurance products for individual customers, generating commission revenue.
• Saikyo Financial Diagnosis Service (さいきょう財務診断サービス) Corporate financial diagnosis service that analyzes business performance and provides recommendations for improvement for SME and corporate customers.
• ATM Fee Preferential Service (ATM手数料優遇サービス) ATM fee discount service providing reduced or waived ATM withdrawal fees for qualifying customers, including at Seven Bank ATMs and affiliated networks.
• Safe Deposit Box Service (貸金庫サービス) Physical safe deposit box service available at bank branches for secure storage of valuables for individual customers.
• Pay-easy Payment Service (ペイジー) Payment service for tax payments, utility bills, and other payments through internet banking or ATM network.

Quantifiable outcome

• Deposit balance of 2 trillion yen (2兆円) achieved in May 2024, celebrated with commemorative campaign.
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature7 records

Partnerships

13 partnerships are on record, tiered core and minor.

• 株式会社NTTデータ (NTT Data Corporation)coreTechnology or IntegrationNTT Data provides multiple electronic payment and banking integration services to Saikyo Bank, including eBAgent (accounting data exchange), BizHawkEye (business intelligence), Instant Payment Gateway Service, and BankPay (mobile payment). These integrations enable open banking-compliant connectivity for the bank's SME and corporate customers through the bank's open API infrastructure.
• みずほリサーチ＆テクノロジーズ株式会社 (Mizuho Research & Technologies)coreTechnology or IntegrationMizuho Research & Technologies provides electronic payment operator integration services to Saikyo Bank, enabling connection through the bank's open banking API infrastructure for financial data exchange and payment processing services.
• 株式会社オービックビジネスコンサルタント (OBC Business Consultant)coreTechnology or IntegrationOBC Business Consultant provides electronic payment operator integration with Saikyo Bank, enabling the OBIC series of business management software users to connect with the bank's open banking API for automated accounting and financial data processing.
• 株式会社マネーフォワード (Money Forward)coreTechnology or IntegrationMoney Forward provides personal finance management (PFM) and accounting software integration with Saikyo Bank through open API connections, enabling automatic transaction categorization and financial data synchronization for retail and corporate customers.
• 株式会社ミロク情報サービス (MJS)coreTechnology or IntegrationMJS (Miroku Joho Service) provides accounting software and financial system integration with Saikyo Bank's open banking API, serving the bank's SME customers who use MJS accounting and business management solutions.
• フリー株式会社 (Freee)coreTechnology or IntegrationFreee, a leading cloud accounting software provider in Japan, integrates with Saikyo Bank's open banking API, enabling automatic transaction importing and accounting reconciliation for Freee's SME and individual business customers who hold Saikyo Bank accounts.
• 弥生株式会社 (Yayoi)coreTechnology or IntegrationYayoi provides small business accounting software integration with Saikyo Bank's open banking API, enabling automatic bank transaction imports and reconciliation for Yayoi accounting software users with Saikyo Bank accounts.
• 株式会社ＴＫＣ (TKC)coreTechnology or IntegrationTKC is a major Japanese accounting software and tax filing system provider that integrates with Saikyo Bank's open banking API, serving corporate customers who use TKC's professional accounting and tax compliance systems.
• 日本マルチペイメントネットワーク運営機構 (JAMMO)coreTechnology or IntegrationJAMMO (Japan Multi-Payment Network Operation Organization) operates the Pay-easy payment network, providing national payment infrastructure services to Saikyo Bank for tax payments, utility payments, and other government and corporate bill payments through the bank's digital and branch channels.
• 日本マルチペイメントネットワーク推進協議会 (JAMPA)coreTechnology or IntegrationJAMPA (Japan Multi-Payment Network Promotion Council) supports the Pay-easy payment network and collaborates with Saikyo Bank on promoting electronic payment services and open banking standards in the regional banking sector.
• 周南公立大学 (Shunan Public University)coreStrategic or Co-development PartnerSaikyo Bank partners with Shunan Public University to co-host DX (Digital Transformation) education programs, including DX First Step seminars. This partnership supports regional human resource development and digital literacy in Yamaguchi Prefecture, aligning with the bank's regional revitalization strategy.
• 周南、信用金庫、山口銀行 等 (Regional Financial Institutions and Peers)coreStrategic or Co-development PartnerSaikyo Bank participates in regional financial cooperation and regional revitalization initiatives together with other local financial institutions. The bank is part of regional financial group networks and contributes to local economic development through coordinated financial support programs.
• 周南地域在地企業 (Local Businesses in Shunan/Yamaguchi Region)minorStrategic or Co-development PartnerSaikyo Bank supports local companies in formulating and publicizing their SDG (Sustainable Development Goals) declarations as part of the bank's regional revitalization and sustainability initiatives. Multiple companies including 株式会社花童 and いと耳鼻咽喉科医院 have received support in declaring their SDG commitments.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Hokuto Bank: Regional bank in Akita Prefecture with similar size and demographic exposure to rural population decline. Useful comparable for Saikyo's regional banking economics.
• Juroku Bank: Regional bank serving Gifu and Aichi prefectures with comparable scale and digital banking initiatives. Represents another Japanese regional bank pursuing fintech partnerships and consulting-led strategies.
• Shikoku Bank: Regional bank in Shikoku Prefecture with similar product mix and customer segments. Useful comparable for benchmarking Saikyo's deposit base, lending portfolio, and digital maturity.
• Iyo Bank: Regional bank serving Shikoku with similar profile to Saikyo — full-service retail/SME banking, community engagement, and digital transformation. Comparable size and strategy.
• Yamaguchi Bank (Yamaguchi Financial Group): Direct competitor headquartered in Yamaguchi Prefecture and the dominant regional bank in Saikyo's home market. Operates retail and corporate banking across the same geographic territory with overlapping customer segments.
• Momiji Bank (Momiji HD): Regional bank in Hiroshima and Yamaguchi prefectures, directly competing with Saikyo for SME and retail customers in overlapping Yamaguchi branches. Similar scale and regional focus.
• Hiroshima Bank: Major regional bank headquartered in Hiroshima with branches in Yamaguchi Prefecture. Competes for larger corporate clients and provides a useful scale benchmark against Saikyo's franchise.

Broad incumbents

• Suruga Bank: Mid-sized Japanese bank with retail banking focus. Comparable in digital transformation efforts (Net Bank) and retail lending products, but broader geographic footprint.

Emerging players

• Rakuten Bank: Japan's leading digital-native bank competing aggressively on deposit rates and digital UX. Represents the disruptive competitive threat to Saikyo's retail deposit franchise.
• SBI Sumishin Net Bank: Digital challenger bank offering competitive deposit and mortgage products nationally. Increasingly relevant competitor as Japanese customers shift toward digital-first banking relationships.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@saikyobank_official
• Instagraminstagram.com/saikyobank_official

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SAIKYO