Sumitomo Mitsui Banking Corporation

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). SMBC is one of the largest Japanese banks by assets, with strong credit ratings across our global integrated network spanning over 41 countries and regions, 16 of which are here in Asia.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

Sumitomo Mitsui securities unit suspended from block trading for 3 months

SMBC Nikko employees were suspected of conducting illegal stabilization transactions.

Sumitomo Mitsui Financial Group posts strong Q1 profits

Profit growth was thanks to loan growth and fee income growth.

SMBC concludes MOU with the Eastern Economic Corridor Office of Thailand

SMBC will introduce clients entering or expanding in Thailand to the EECO.

SMBC names Priya Bellino as Head of ESG Solutions in APAC

Bellino’s prior career spans two decades with EY and Goldman Sachs.

Japan megabanks’ bad loans edge up to highest in six years

Billion-dollar exposures to Russia contributed to the negative outlook.

Sumitomo Mitsui appoints former J.P Morgan banker as head of M&A advisory of SFDA

The newly created role sees Chirolli leading SMBC’s M&A advisory efforts in Asia.

Sumitomo Mitsui appoints Tomofumi Watanabe as new co-head of APAC structured finance

He was previously general manager of the Global Structured Finance Department Tokyo.

Profits of Japan's megabanks to rise in next 12-18 months

All three banks’ profits jumped over 60% for the first six months of the current fiscal year.