Mizuho reiterates wish to expand in the Philippines
Mizuho Bank's President, Nobuhide Hayashi, has reiterated that the company is still considering acquisitions in the Philippines and through Asia, especially following the deregulation in the Philippines that allows 100% foreign investment in banks. "This is a big opportunity for us" he said, and added, "it's a very promising market in terms of low-cost labour availability and stability of the macroeconomy".

MANILA -- Mizuho Bank is considering acquisitions in the Philippines and throughout Asia, the Japanese company's president told reporters here Monday.

Nobuhide Hayashi, who leads the Mizuho Financial Group unit, cited deregulation by the Philippines in 2014 that allows 100% foreign investment in banks, saying "this is a big opportunity for us."