Sumitomo Mitsui Banking Corp - Company Profile
Powered by 
All the data and insights you need on Sumitomo Mitsui Banking Corp in one report.
$295
- Save hours of research time and resources with
our up-to-date Sumitomo Mitsui Banking Corp Strategy Report
- Understand Sumitomo Mitsui Banking Corp position in the market,
performance and strategic initiatives.
- Gain competitive edge and increase your
chances of success
Sumitomo Mitsui Banking Corp (SMBC), a subsidiary of Sumitomo Mitsui Financial Group Inc, is a provider of banking and other financial solutions. Its product offering includes accounts, cards, insurance, consumer and business loans, foreign exchange, bonds, derivatives, stocks, and other marketable financial products. SMBC also provides leasing, inheritance services, corporate services, asset management, investment banking, investment advisory, foreign exchange, settlement services, money transfer, trade finance, 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.
Headquarters
Japan
Address
1-1-2, Marunouchi, Chiyoda-ku, Tokyo, 1000005
Website
www.smbc.co.jp
Telephone
81 3 32828111
No of Employees
53,999
Industry
Financial Services
Revenue (2023)
$36.9B
Sumitomo Mitsui Banking Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts | E-Banking |
| Cards | Foreign Exchange |
| Loans | Settlement Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the bank along with Takeda Pharmaceutical Co Ltd and Astellas Pharma entered into an agreement to establish a joint venture company. |
| 2023 | Contracts/Agreements | In August, the company partnered with the Abu Dhabi Exports Office to strengthen cooperation in agency finance and trade finance. |
| 2023 | Acquisitions/Mergers/Takeovers | In July, the company acquired an additional 15% stake in Rizal Commercial Banking (RCBC). |
Competitor Comparison
| Key Parameters | Sumitomo Mitsui Banking Corp | Mitsubishi UFJ Financial Group Inc | SoftBank Group Corp | Mizuho Financial Group Inc | Concordia Financial Group Ltd |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Japan | Japan | Japan |
| City | Tokyo | Chiyoda-Ku | Minato-Ku | Chiyoda-Ku | Chuo-Ku |
| State/Province | Tokyo | Tokyo | Tokyo | Tokyo | Tokyo |
| No. of Employees | 53,999 | 142,056 | 63,339 | 52,116 | 6,022 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Fukutome Akihiro | Director; President; Chief Executive Officer | Executive Board | 2023 | - |
| Makoto Takashima | Chairman | Executive Board | - | - |
| Jun Uchikawa | Director; Senior Managing Executive Officer | Executive Board | - | - |
| Toru Nakashima | Director; Deputy President | Executive Board | - | - |
| Kotaro Hagiwara | Senior Managing Executive Officer; Director | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer