NEWS & INSIGHTS

FEATURED ASIA PACIFIC UPDATES

The latest on SMBC in Asia Pacific.

• 2024
  • SMBC Strengthens Social Commitment: Executes Social Loan Transaction with Svatantra Microfin Private Limited
  • Donation for Earthquake Relief in Eastern Taiwan
  • SMBC appoints Katsufumi Uchida as the new Managing Executive Officer and Co-Head for Asia Pacific
  • Enhancement of Initiatives for Sustainability
  • SMBC Receives Approval to open GIFT City Branch in India
  • Completion of Acquisition of Remaining Stake in SMFG India Credit Company
  • SMBC Hires Industry Veteran Carsten Stoehr to Advance Growth in Asia Pacific
  • Commencement of offering ESG Deposits in Indonesia Market
  • Signing of Memorandum of Understanding with Philippine Economic Zone Authority and Rizal Commercial Banking Corporation
• 2023
  • SMBC Completes its First Aircraft Finance Lease Transaction Valued at USD 120 million
  • SMBC to Enhance Private Credit Distribution Capabilities with Senior Hire in Asia Pacific
  • SMBC strengthens leadership team in India with Sandeep Chopra as Head of Corporate Coverage
  • Registration as a TNFD Adopter
  • SMBC closes USD313.8m sustainability-linked financing to support EdgeConneX’s development of data centres in Indonesia
  • Memorandum of Understanding Concluded with National Science and Technology Development Agency
  • SMBC bolsters Sponsor Coverage and Structured Credit Platform with senior hires in Asia Pacific
  • Publication of the “SMBC Group TCFD Report 2023”

        Click to read report

  • SMBC appoints new Head of Macro Strategy in Asia
  • Publication of the Annual Report Released by the Asia Transition Finance Study Group

        Click to read report

  • Announcement for Completion of Additional Investment in Rizal Commercial Banking Corporation
  • Indorama Ventures successfully secures inaugural sustainability linked trade finance facility with SMBC
  • Strengthening Efforts for Respecting Human Rights
  • SMBC Group Publication of “Transition Finance Playbook”
  • Announcement of New Medium-Term Management Plan: “Plan for Fulfilled Growth”
  • Strengthening Efforts against Climate Change
  • Establishment of SMBC Asia Rising Fund, a Corporate Venture Capital Fund
  • Intercontinental Specialty Fats secures its first sustainability linked loan of RM95 million from SMBC Malaysia
  • Revision of SMBC Group Priority Issues
  • Publication of the SMBC Group 2023 TNFD Report
  • Acquisition of 15% equity stake in Vietnam Prosperity Joint Stock Commercial Bank
  • Sumitomo Mitsui Banking Corporation Malaysia Berhad Launches Islamic Finance Products in Malaysian Ringgit
• 2022
  • Asia-Pacific Needs to Address Funding Gap for Renewable Projects in Net-Zero Journey, New Study Finds
  • Memorandum of Understanding Concluded with The Eastern Economic Corridor Office of Thailand (EECO)
  • SMBC appoints new Head of ESG Solutions in Asia Pacific
  • SMBC Group strengthens efforts against climate change
  • SMBC joins Carbonplace - settlement platform for carbon credits
  • Commencement of Business Partnership with Vietnam Prosperity Joint Stock Commercial Bank
  • SMBC appoints Head of M&A Advisory of Structured Finance Business in Asia Pacific
  • SMBC appoints new Co-Head for Structured Finance business in Asia Pacific
  • SMBC appoints Yuichi Nishimura and Rajeev Kannan as Managing Executive Officers and Co-Heads for Asia Pacific
  • SMBC Australia appoints Jeremy Hasnip as Head of Energy Transition; and Jean Marie Verrier as Head of Power and Renewables
  • Termination of the Strategic Alliance with Vietnam EximBank
  • SMBC participates in the Taskforce on Nature-related Financial Disclosures (TNFD) Forum
  • SMBC strengthens infrastructure team with managing director appointment
• 2021
  • Completion of investment in Fullerton India by SMFG
  • Participation in the "Principles for Financing a Just and Urgent Energy Transition"
  • SMBC Group completes purchase of 49.0% equity stake in FE Credit in aim to accelerate growth strategy in Asia
  • Participation in the "Net-Zero Banking Alliance" and other global initiatives
  • SMBC becomes first Japanese bank to commence live transactions on Letter of Credit (LC) digitalization platform, Contour
  • Additional 100 oxygen concentrators donated to deliver relief to seriously affected communities in Indonesia
  • SMBC supports purchase of medical equipment for Thailand's Covid-19 emergency relief efforts
  • SMFG reaches agreement with Temasek for purchase of 74.9% equity stake in Fullerton India Credit Company, ahead of full acquisition
  • Digitalization: SMBC announces strategic investment in Contour to strengthen efforts in digitizing trade operations
  • SMBC expands collaboration with FinTech KomGo with strategic investment to accelerate transformation of trade finance products
  • Crisis relief: SMBC commits an additional Rs 65 million for emergency care pods, concentrators, ventilators and PPEs to further support healthcare system in India
  • SMBC: First Japanese bank to conclude product license agreement for Contour, in pursuit to respond to diversified trade and financial transaction challenges with blockchain
  • Equity investment in ARA Asset Management: SMBC completes subscription for USD 400 million of ordinary shares
  • Vietnam: SMBC Group announces purchase agreement for 49.0% of FE Credit equity stake through its consumer finance arm
  • SMBC invests in TradeIX with an eye towards strategic collaboration after successful PoC on its Marco Polo Network
• 2020
  • Commencement Chennai Branch operations
  • SMBC Asia Pacific Division launches “Together With You Fund” as part of “SMBC x Tomorrow” initiative