MUFG
MUFG Bank, Ltd. is the largest bank in Japan. It was established on 1 January 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd.
MUFG is one of the three so-called Japanese "megabanks".
MUFG Bank China names new deputy president
MUFG Bank China names new deputy president
Benjamin Lam brings over 30 years of experience in his new role.
Basel III to improve Japanese major financial groups’ profits
However, risk-weighted assets for the four FIs are expected to rise.
MUFG issues apology after authorities recommend administrative action
Its two companies were accused of inappropriately sharing data between them.
APAC’s Top 20 banks' combined revenue up 4.3% in 2023
Japanese banks were the biggest winners whilst Chinese banks’ total revenue dipped.
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
Japanese banks back fund to develop space industry
SMBC, MUFG, and Mizuho Bank are all named limited partners.
MUFJ to buy Aussie pension company Link Group
The Japanese banking giant is acquiring 100% of issued shares of Link Group.
MUFG purchases 100% stake in Australian holding group
The acquisition is valued at AU$1.1b.
MUFG Investor Services opens operational center in Malaysia
Kimberly Clark’s Puneet Gupta will be the new managing director of the center.
MUFG names ex-JPMorgan banker as managing director of GCIB China
He has served several senior roles in JPMorgan Chase Bank China.
Strong regional earnings boosts MUFG’s profits
In case of trouble, MUFG has a high likelihood of getting government support.
MUFG closes $404m green loans to build two data centres in Jakarta
This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs.
MUFG buying 80.6% shares in Indonesia’s PT Mandala Multifinance Tbk for $468m
MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.
MUFG halfway to its 2030 sustainable finance target
The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.
MUFG Bank invests over $230m in Indian fintech DMI Finance
It has serviced over 11 million customers as of end-2022.
Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst
Synergy with parent company MUFG will help grow its corporate and SME loans.
Thought Leadership Centre
In Association with
Most Read
1. Chocolate Finance to continue 3-6 day withdrawal time frame 2. SG millennials, Gen Z want rewards customisation in credit cards 3. OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024 4. Financial crime threats to rise in 2025, Kroll report warns 5. UOB unveils FDI Advisory Centre in South KoreaResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Events
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity
Generative AI revolution: Asian banks on the brink of a new era