Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.

SMBC is one of the largest Japanese banks by assets, with over ¥238,700 billion in total assets and strong credit ratings across our global integrated network spanning 39 countries and territories, 15 of which are here in the region. Our regional reach extends from corporate and institutional companies to individual customers supported by our Multi-Franchise Strategy in Indonesia, India, Vietnam and the Philippines. We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

YOUR TRUSTED BANKING PARTNER

As a Group, we have over 400 years of experience in serving successful companies, and a strong client base with broad coverage of the Fortune 500
Our worldwide operations enable us to provide clients with global solutions and that make SMBC the leading choice for businesses expanding around the globe, particularly in Asia Pacific
As the 12th largest bank in the world by market capitalization and one of the largest banks in Japan by assets, solid balance sheet and strong financials

As of March 2023

OUR MISSION, VISION AND VALUES

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

2021

Acquired 74.9% equity stake in Fullerton India Credit Company Ltd　(renamed SMFG India Credit Company Ltd in 2023)

2023

Completed additional investment; owns 20.00% of Rizal Commercial Banking Corporation (RCBC) shares in 2023

SMBC ASIA PACIFIC NETWORK

In Asia Pacific, we are present in 15 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 Pacific 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.

ABOUT US

YOUR TRUSTED BANKING PARTNER

WE HELP OUR CUSTOMERS ACHIEVE GROWTH