General Profile
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NALB is a trade association comprising 13 labour banks across Japan as well as the Federation of Labour Banks, which is the central bank of the Labour Banks. NALB provides guidance to labour banks on organisational development, business operations, and management. They provide traning and education to officers and employees. They also carry out communication and coordination amongst labour banks.
Labour banks in Japan are co-operative financial institutions established mainly by trade unions, consumer, and worker-based organizations. They offer loans, including housing loans to individual workers. During 2015, they had 10,465,995 individual members.
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