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Mizuho Bank suffers 5th Japan-wide system failure of 2021

Aug 21 (Kyodo) - Mizuho Bank suffered its fifth system failure of the year on Friday that prevented the completion of deposits, withdrawals, transfers and other transactions at its branch counters across Japan, its parent company said.

Mizuho Trust & Banking Co. also suffered similar malfunctions at its branch counters, according to major banking group Mizuho Financial Group Inc., but the group's internet banking and automatic teller machines were unaffected.

The group said its fifth system failure since February was caused by a problem in a server connecting Mizuho's core accounting system and terminals used at its branch counters and that switching to a backup device also failed for some reason. The system was fixed at around noon.

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