Sumitomo Mitsui Banking Corp - Company Profile
Powered by 
All the sales intelligence you need on Sumitomo Mitsui Banking Corp in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Sumitomo Mitsui Banking Corp fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Sumitomo Mitsui Banking Corp.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Sumitomo Mitsui Banking Corp (SMBC), a subsidiary of Sumitomo Mitsui Financial Group Inc, provides banking and other financial solutions. Its product offering includes accounts, cards, consumer and business loans, foreign exchange, bonds, derivatives, stocks, and other marketable financial products. SMBC also provides leasing, inheritance services, corporate services, asset management, cash management, yen clearing, investment banking, investment advisory, foreign exchange, settlement services, money transfer, trade finance, project finance, real estate finance, custody and securities services, and e-banking solutions. The company serves individual, corporate, and SME clients through a network of branch offices, ATMs, and online portals. It has operations in Asia and Oceania; the Americas; Europe, Africa, and the Middle East. SMBC is headquartered in Tokyo, Japan.
Sumitomo Mitsui Banking Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts | E-Banking | SMBC |
| Cards | Foreign Exchange | |
| Investment Products | Settlement Services | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In September, the company acquired an additional 4.22 % stake in Yes Bank. |
| 2025 | Acquisitions/Mergers/Takeovers | In September, the bank acquired a 13.18% stake in Yes Bank from State Bank of India. |
| 2025 | Contracts/Agreements | In August, the company and Access Bank signed a Memorandum of Understanding during the TICAD9 conference. |
Competitor Comparison
| Key Parameters | Sumitomo Mitsui Banking Corp | Mitsubishi UFJ Financial Group Inc | Nomura Holdings Inc | The Norinchukin Bank | The Bank of Yokohama Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Tokyo | Chiyoda-Ku | Chiyoda-Ku | Chiyoda-ku | Yokohama |
| State/Province | Tokyo | Tokyo | Tokyo | Tokyo | Kanagawa |
| No. of Employees | 28,063 | 161,576 | 27,242 | 3,273 | 3,921 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Masaki Tachibana | Chairman | Executive Board | - | - |
| Akihiro Fukutome | Chief Executive Officer; Director; President | Executive Board | - | - |
| Kazuyuki Anchi | Senior Managing Executive Officer; Director | Executive Board | - | - |
| Hideki Takamatsu | Director; Senior Managing Executive Officer | Executive Board | - | - |
| Teiko Kudo | Deputy President; Director | Executive Board | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Access more premium companies when you subscribe to Explorer