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Sumitomo Mitsui Banking Corporation (SMBC)Japan
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Created before Nov 2016
Last update: 2022-03-03 13:11:13

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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
Bank of Japan
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).

Related Dodgy Deals

Sumitomo Mitsui Banking Corporation (SMBC) has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.

Dodgy Deals map

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