Sumitomo Mitsui Banking Corporation (SMBC) is one of the largest banks in Japan. As of September 30, 2014 the Bank has JPY 144.1 trillion in total assets, JPY 85.5 trillion in total deposits and JPY 65.8 trillion in total loans and bills discounted. All these numbers are nonconsolidated. The Bank is based in 1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo 100-0005, Japan. It is a wholly owned subsidiary of Sumitomo Mitsui Financial Group, Inc. (SMFG).
SMBC was established in April 2001 through the merger of two leading banks: The Sakura Bank, Limited, and The Sumitomo Bank, Limited. SMFG was established in December 2002 through a stock transfer as a bank holding company, and SMBC became a wholly-owned subsidiary of SMFG.
SMBC employs 25,573 people and offers a broad range of financial services with its group companies such as Consumer, Corporate, and Investment Banking services. It has 459 branches in Japan and 69 overseas offices across 38 countries and areas as of September 30, 2014.
Group Organizational Structure
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