Sumitomo Mitsui Banking Corporation

 

Attainment of Banking Licence by a Subsidiary Bank in Russia

 

TOKYO , 18 June 2009 --- Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) obtained a banking licence on 17 June 2009, through its Russian subsidiary Закрытое акционерное общество «Сумитомо Мицуи Рус Банк» (ZAO Sumitomo Mitsui Rus Bank (SMBCR).  Henceforth, SMBC will strive to take all necessary steps in order to commence SMBCR’s operations by end of this year.

 

For SMBC, Russian market continues to be one of the most important markets. SMBCR being a flagship of SMBC Russian business, we will build a foothold for providing further effective solutions to Russian customers.

 

Sumitomo Mitsui Banking Corporation Europe Limited Moscow Representative Office will continue to operate as it has been until present.

 

Profile of SMBCR

Name	（Russian）Закрытое акционерное общество《Сумитомо Мицуи Рус Банк》 （English）ZAO Sumitomo Mitsui Rus Bank
Shareholders	Sumitomo Mitsui Banking Corporation    99.0% Sumitomo Mitsui Banking Corporation Europe Limited  1.0%
Chartered Capital	1.6 billion Russian Rubles
Head Office Location	Moscow , The Russian Federation
Business Activities	Deposits, loan financing, domestic settlements, foreign exchange, treasury operations, and other finance/banking related businesses

 

SMBC’s network in Europe, Middle East and Africa

Branches:　                       Brussels, Düsseldorf and , Dubai

Representative Offices:      Prague , Amsterdam , Madrid , Doha , Bahrain , Tehran , Cairo , Johannesburg

Subsidiaries:　                    Sumitomo Mitsui Banking Corporation Europe Limited (London　Main Office, Paris Branch, Milan Branch, Moscow Representative Office), Sumitomo Mitsui Finance Dublin Limited, SMBC Capital Markets Limited, SMBC Leasing and Finance, Inc. London Branch and SMBCR

 

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