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Sumitomo Mitsui Banking Corporation head offices. Photo: 撮影。via Wikimedia Commons (CC BY-SA 3.0)About Sumitomo Mitsui Banking Corporation (SMBC)
Sumitomo Mitsui Banking Corporation (SMBC) was established in April 2001 through the merger of two leading banks: Sakura Bank and the Sumitomo Bank. Sakura Bank was a descendant of Mitsui Bank, another major Japanese bank, founded in 1876, with operations dating back to 1683. Sumitomo Bank was a Japanese bank, founded in 1895. SMBC is the second largest bank of Japan and also holds branches in the United States, Canada and Europe. Sumitomo Mitsui Financial Group (SMFG) was established in December 2002 through a stock transfer as a bank holding company. SMBC became a wholly owned subsidiary of SMFG.
| Website | http://www.smbc.co.jp/global/index.html |
| Headquarters |
1-1-2, Marunouchi, Chiyoda-ku
100-0005 Tokyo
Japan
|
| CEO/chair |
Makoto Takashima CEO |
| Supervisor | |
| Annual report | Annual report 2021 |
| Ownership |
listed on Tokyo Stock Exchange
SMFG, Sumitomo Mitsui Financial Group, is the holding company of which SMBC is a wholly owned subsidiary. SMFG's shareholder structure can be accessed here. |
| Complaints and grievances |
Sumitomo Mitsui Financial Group does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. Stakeholders may raise complaints via the OECD National Contact Points (see OECD Watch guidance). |