Press Release

January 14, 2025
SBI Sumishin Net Bank, Ltd.

SBI Sumishin Net Bank Announces Excess 8 Million Deposit Accounts

SBI Sumishin Net Bank, Ltd. (Head Office: Minato-ku,Tokyo; President & CEO: Noriaki Maruyama; henceforth referred to as “SSNB”) is pleased to announce that the number of deposit accounts*1 has exceeded 8 million.

Account Trend Bar Graph

Since its inception in September 2007, SSNB has been pursuing the unique experience value of a digital bank that utilizes cutting-edge technology to provide full banking functions such as deposits, settlements, and loans online.

In addition to an app that balances convenience and security that has been supported for a long time, "SBI Hybrid Deposit," a service in collaboration with SBI Securities Co., Ltd., a debit card service that supports touch payment, a function that automatically selects remittances according to the transfer destination, the start of handling of treasury funds by Pay-easy, and the coordination of asset management services, We are actively working to expand functions to improve convenience and safety, such as the realization of completely free convenience store ATM fees when using the app.

In addition, in the NEOBANK*2 service, which we provide as a pioneer in BaaS® (Banking as a Service), alliances with partner companies in various industries have steadily expanded, and the number of deposit accounts*3 has exceeded 2 million. Approximately 70% of new accounts opened through NEOBANK in the recent future have been well received by many customers.

In recognition of these various initiatives, we have reached the number of deposit accounts of 8 million.This is all thanks to the patronage of our customers, and all of our officers and employees would like to express our sincere gratitude once again.

Going forward, we will continue to aim to be a bank that continues to be chosen by customers based on our customer-centric principle, and we will make sincere efforts to provide high value-added products and services.

Information on various campaigns

We are running various campaigns to encourage more customers to use SSNB and NEOBANK.Please take advantage of this opportunity.

■"Yen Structured Deposit "Playoff" Winter Gift Campaign" is underway!

From December 10, 2024 (Tuesday), the "Yen Structured Deposit "Playoff" Winter Gift Campaign" is being implemented.
Customers who deposit in the yen-structured deposit "Playoff" solicited during the campaign period at participating branches will receive a total of up to 200,000 yen depending on the deposit amount.

■"Yen Savings Fund Campaign for New Account Holders" is underway!

From January 7, 2025 (Tuesday), we are conducting the "Yen Savings Deposit Campaign for New Account Holders".
During the campaign period, customers who open a new account at a participating branch and deposit 100,000 yen or more will be selected by lottery to receive 5,000 yen.

※ *1. The number of deposit accounts in the representative account. This is equivalent to the number of customers of SSNB.
※ *2. "NEOBANK®" is a registered trademark of SSNB, Registered Trademark No. 5953666.
※ *3. Equivalent to the number of deposit accounts in the representative account of each NEOBANK service as a whole.

About SBI Sumishin Net Bank

SBI Sumishin Net Bank (“SSNB”) is an online bank that was founded in 2007 and became the first Japanese internet bank to be listed on the Tokyo Stock Exchange Standard Market in March 2023. By leveraging the most advanced technology solutions, SSNB offers safe, secure and convenient banking experience to its customers.

In the digital bank business, SSNB has now over 7 million customer accounts with over 9 trillion yen (*1) in deposits. It consistently ranks high in customer satisfaction by recognizing individual needs of different lifestyles and life stages as well as by offering a well-designed user interface and experience.

Its mortgage business, which has built on a unique business model, is the largest among Japanese banks in terms of the amount of newly originated mortgage loans (*2).

SSNB’s NEOBANK® is a full-service BaaS (banking as a service) product offering that enables its brand partners to offer a full range of banking services to their customers. As a pioneer in the sector, it boasts a number of BaaS partnerships with Japan’s leading brands and businesses.

SSNB is vigorously engaged in non-financial activities as well including data initiatives and carbon credit trading in an endeavor to balance business growth with social responsibility.

Moving forward, SSNB will remain committed to embracing corporate social responsibility and sustainable growth as a fintech that goes beyond banking services to realize a society where prosperity and abundance circulate driven by the power of technology and a spirit of fairness.
To learn more about SBI Sumishin Net Bank, please visit: www.netbk.co.jp/contents/company/en/

(*1) The number of deposit accounts is as of February 7, 2024, and the balance of deposits is as of December 11, 2023.
(*2) This statement is base on our research as of March 31, 2023, using data disclosed by multiple domestic banks including Resona Holdings, Sumitomo Mitsui Financial Group, Sumitomo Mitsui Trust Holdings, and Mizuho Financial Group, as well as our own.
(*3) NEOBANK® is a registered trademark of SBI Sumishin Net Bank. The Registered trademark number is 5953666.

Contact

For further information about this press release, please contact:
SBI Sumishin Net Bank, Public Relations
ir_csr_sdgs@netbk.co.jp

Note: This content has been translated from the Japanese original using artificial intelligence (AI) or machine translation technology for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.