Provisional Translation

Press Conference by SUZUKI Shunichi, Minister of Finance and Minister of State for Financial Services

(Excerpt)

(Friday, January 11, 2022, 10:31 am to 10:35 am)

[Questions and answers:]

Q.: Regarding Mizuho Bank, today, it is difficult to log in to its internet banking website for corporate customers. What is your thought on this incident and what action will be taken by the government?
A.: It is regrettable that a bank, which constitutes crucial social infrastructure, repeatedly has system failures. Last November, the FSA issued a business improvement order, and it is important that the bank makes the utmost efforts to implement recurrence prevention measures. The FSA will closely follow their efforts.

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