The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Cash management: Mizuho’s expanding horizons

The bank has come a long way in the GTS business in a short time – it took the top spot in Japan last year, and the last 12 months have been about establishing itself in the rest of Asia.


Mizuho is still a relative newcomer to the global transaction services business. Before 2015, it largely focused on its domestic market in Japan, where it provided basic products including payments, payroll and FX. But that year it took the strategic decision to invest more in the business, to expand both the scope of the products it offered and its coverage across Asia.

Today, unlike some banks that take an all-or-nothing approach to the cash management business, Mizuho is flexible and can adapt its offering to suit the needs of the client, offering individual products without requiring customers take the full suite. 

Clients obviously appreciate its approach enough to push the bank up in the Euromoney cash management survey to 12th globally, from 21st in 2016. The bank also makes the top five for global best service, putting it ahead of many others with larger client bases. 

Although Mizuho is a Japanese bank, its strategic focus is on Asia more broadly, prioritizing clients domiciled in Asia, as well as US and European businesses doing business there.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?