Preparation for Establishing a New Banking Subsidiary in Europe

The Norinchukin Bank

Preparation for Establishing a New Banking Subsidiary in Europe

　
　The Norinchukin Bank announced that in response to the planned withdrawal of the United Kingdom from the European Union, and other changes to the economic environment in Europe, The Norinchukin Bank will, subject to regulatory approval, establish a wholly-owned banking subsidiary in Amsterdam, the Netherlands. The purpose of this establishment is to strengthen its business in Europe. Further details on the above entity, such as its official opening date, will be released in due course.

1 Corporate name
　 To be decided

2 Head Office
　 Amsterdam, the Netherlands

3 Tentative Establishment Date
　 During 2019 (to be confirmed)