SMBC ASIA

ABOUT US

OUR BANK

Headquartered in Tokyo, SMBC is a leading global financial institution and a core member of the Sumitomo Mitsui Financial Group (SMBC Group).

SMBC is one of the largest Japanese banks by assets, with strong credit ratings across the globe. We work across SMBC Group to offer personal, corporate and investment banking services to our network that extends across 40 countries and regions, 16 of which are in Asia.

The Bank's Asia Pacific regional headquarters is based in Singapore - established in 2008 to expand our presence in the region and rise in Asia, with Asia. We are driven by our commitment to lead the way in providing value to our customers and the markets in which we operate.

A MARKET LEADER

SMBC's competitive advantages include:

  • A strong client base with broad coverage of the Fortune 500
  • Worldwide operations that enable us to provide clients with global solutions and that make SMBC the leading choice for businesses expanding around the globe, particularly in Asia
  • A solid balance sheet and strong financials (2nd largest bank in Japan by assets)


SMBC Credit Ratings

**As of April 2020

OUR MISSION

Our mission is our anchor for corporate action, and guides us along with our values towards our vision.

  • We grow and prosper together with our customers, by providing services of greater value to them.
  • We aim to maximize our shareholders’ value through the continuous growth of our business.
  • We create a work environment that encourages and rewards diligent and highly-motivated employees.
  • We contribute to a sustainable society by addressing environmental and social issues.

OUR VISION

A trusted global solution provider committed to the growth of our customers and advancement of society.

OUR HISTORY

SMBC was established in 2001 following the merger of the two leading banks: Sakura Bank, formerly Mitsui Taiyo Kobe; and Sumitomo Bank. In December 2002, SMBC became a subsidiary of SMFG, a holding company created through a share transfer.

The history of the Sumitomo and Mitsui companies date back more than four centuries, and both were founded as banks in the nineteenth century. SMBC’s predecessor banks are Mitsui Bank, founded in July 1876 in Tokyo, and Sumitomo Bank, in 1895 in Osaka.

1952

Bangkok branch established in Thailand

1963

Singapore branch established

1975

Representative office opened in Kuala Lumpur, Malaysia

Representative office opened in Manila, The Philippines

1989

PT Bank Sumitomo Niaga and PT Bank Sakura Swadharma established in Indonesia respectively as joint venture banks (subsequently renamed in 2001 as PT Bank Sumitomo Mitsui Indonesia after a merger)

1990

Merger of Taiyo Kobe Bank and Mitsui Bank (renamed Sakura Bank in 1992)

1993

Labuan branch established in Malaysia

1994

Representative office opened in Ho Chi Minh City, Vietnam

1996

Representative office opened in Yangon, Myanmar

2001

SMBC formed as a result of the merger of Sumitomo Bank and Sakura Bank

2006

Ho Chi Minh City branch established in Vietnam

Sydney branch established in Australia

2008

Hanoi branch established in Vietnam

Singapore established as Asia Pacific headquarters

2009

SMBC acquired securities firm in Japan (renamed SMBC Nikko Securities in 2011)

2010

Sumitomo Mitsui Banking Corporation Malaysia Berhad (SMBC Malaysia) established in Malaysia

2012

Yangon sub-branch established in Myanmar

Representative office opened in Phnom Penh, Cambodia

2013

Perth branch established in Australia

New Delhi branch established in India

Chonburi branch established in Thailand

2015

Yangon branch established in Myanmar

Manila branch established in The Philippines

2016

Thilawa front office of Yangon branch opened in the Thilawa Special Economic Zone, Myanmar

2017

Mumbai branch established in India

2019

Bank BTPN Tbk (Bank BTPN) established as a result of merger between SMBC Indonesia and PT Bank Tabungan Pensiunan Nasional Tbk

2020

Chennai branch established in India

SMBC ASIA NETWORK

In Asia, we are present in 16 countries and regions with more than 35 locations.

See here for a full list of our network presence.

WE HELP OUR CUSTOMERS ACHIEVE GROWTH

Our business in Asia is empowered by our SMBC Group network of companies to better support the needs of business today.

Click on the companies below to find out more about them.


To find out if any of the group companies are operating in your country, please click here.

CORPORATE SOCIAL RESPONSIBILITY

Together with our parent company SMFG, we play an active role in ensuring that we give back to society. In this aspect, we are focused on three areas where we believe are important to the communities we are present in, and where we can be most impactful:

Environment

  • We seek to reduce the environmental impact of its business activities and contribute to global environmental protection from an economic standpoint by leveraging its financial functions. Our focus with respect to customer environmental measures is on four areas, the environment, renewable energy, water, and natural resources, and by providing financial services along with consulting on carbon credit utilization and environmental management, our aim is to help create more sustainable societies while generating business opportunities.

Next Generation

  • Through maximum utilization of its financial functions, we promote the fostering of industries and human resources for the next generation, improved financial literacy, and market development for sound economic growth in emerging countries.

Community

  • We recognize that it is important to consider the public nature of financial institution and contribute to the development of society through business operations. In addition to the contribution to society through daily business operations, we should assist in making a better society in the future by pursuing diverse social contribution activities in order to fulfill responsibilities as a “responsible corporate citizen.”

To learn more about our culture and how it influences the way we give back to society, please see here.