Mizuho Bank to back Japan-South Korea firms' energy procurement projects

Move comes as geopolitical risks drive review of energy sourcing strategies

Mizuho Bank President Masahiko Kato says, "It is important to think about creating new markets between Japan and South Korea." (Photo by Hikaru Yagi)

TOKYO -- One of Japan's three megabanks says it is building a comprehensive framework to help Japanese and South Korean companies forge business ties and secure financing amid rising geopolitical risks.