Nishi-Nippon Financial Holdings (affiliate of Nishi-Nippon City Bank) will work with Itoshima City and Kyushu University (Kyudai) to attract international students to areas surrounding Kyushu University’s Ito Campus. Real estate agency Settle also signed an agreement with Itoshima City and Kyudai for providing housing, short-term accommodation, and living support for international students. The city is launching an initiative to revitalize the region and make it more international while Settle will develop guesthouses and residential complexes by August 2020 to attract schools, nurseries, supermarkets and bookstores. Nishi-Nippon Financial Holdings and Nishi-Nippon City Bank aims to establish ATMs and money exchanges, develop apps providing regional updates, and offer loans to help with the construction of student housing. Declining birthrates and the aging population has meant that regional banks have been cooperating with local governments more frequently to revitalize the rural economy, with Nishi-Nippon City Bank signing an agreement with Munakata City and Fukuoka Bank agreeing to cooperate with Yame City. Source: Nikkei, 5/30/2017
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