Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation is a Japanese multinational banking and financial services company situated in Tokyo. We have presence in 40 plus nations and is the 12th largest in the world. We have around 463 branches around the world and good in offering the services like the Wealth Management, Retail banking and the Investment Banking, Corporate Banking, Credit Cards, Mortgage, Loans, Debit Cards, Savings Account, Net Banking, and the Statement Facilities.

Factsheet of Sumitomo Mitsui Banking Corporation

Bank Name	Sumitomo Mitsui Banking Corporation
Founded in	June 6, 1996
Promoters/founders	Created by merging the Sakura Bank, Ltd July, 1876 and the Sumitomo Bank limited.
Headquarter Address	Sumitomo Mitsui Banking Corporation 1-1-2, Marunouchi Chiyoda-ku Tokyo Japan
Employee's	103000
Type of Bank	Private Bank
Official Website	https://www.smbc.co.jp/global
Customer Care Number	0120573505,0120504189

History of Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation was earlier known as the Mitsui Corporation and started working like a private bank in Japan. It is known as Kabushiki-gaisha Mitsui Sumitomo Ginkō and is headquartered in Yurakucho, Suburban Tokyo. We are experts in dealing with the individuals, Financial establishments, Corporate, Business establishments and others in a logical manner. We have got an amazing presence in 40 nations and we are the 12th largest bank as per the calculation of the assets controlled.

We consider the employees as a vital asset to the organisation and also create an environment creating highly motivated and productive employees. Mr. Takeshi Kunibe is the Chairman and Mr. Makato Takeshima is the CEO of the Sumitomo Mitsui Banking Corporation. SMBC group operates in over 80 countries and has a strong presence. Since 2011 it is considered as a part of the financial stability boards list. SMBC Group's corporate logo uses "Rising Mark" sign. The background colour is green, fresh green. The “SMBC” name is shown on the right side of the rising mark with white block letters.

Subsidiaries of the Sumitomo Mitsui Banking Corporation

Some of the subsidiaries of the Sumitomo Mitsui Banking Corporation are given below as follows:

S.F.V.I Company.
SMBC MV ISPC.
SMBC DIP Limited.
SMBC Bank EU AG.
SMBC Capital India.
Sakura Finance Asia.
Manufacturer's Bank.
SMBC Aviation Capital.
SMC Capital Partners LLC.
Japan Research Institute (JRI).
SMC Leasing Investment LLC.
Sumitomo Mitsui Finance Dublin.
SMBC International Finance N.V.
SMBC Derivative Products Limited.
SMBC Financial Services Company.
Sumitomo Mitsui Finance and Leasing.
SMBC Nikko Security America Corporation.
UK SMBC Nikko Capital Markets Company.
Brazil Sumitomo Mitsui Banking Corporation.
Russia Sumitomo Mitsui Banking Corporation.
Sumitomo Mitsui Banking (China) Company Limited.

Banking Services offered by Sumitomo Mitsui Banking Corporation

There are various banking services offered by the Sumitomo Mitsui Banking Corporation and they are:

Email Alerts.
Yen Clearing.
Fixed Deposits.
Funds Transfer.
S M S Banking.
Online Banking.
Bank Guarantee.
Project Finance.
Internet Banking.
Insurance Service.
Recurring Deposit.
Rate of Exchange.
Personal Account.
Corporate Account.
Wealth Management.
Commodity Finance.
Transaction Banking.
Investment Banking.
Sustainable Banking.
Real Estate Finance.
Debit and Credit Cards.
Senior Citizens Service.
SMBC’s Green Deposit.
Cash Management Services.
Custody and Security Services.

Loans and credit facilities provided by Sumitomo Mitsui Banking Corporation

There are various loans and credit services offered by the Sumitomo Mitsui Banking Corporation and they are:

Vehicle Loan.
Housing Loan.
Property Loan.
Personal Loan.
Business Loan.
Mortgage Loan.
Consumer Loan.
Professional Loan.
loan for Importers and Exporters.

Legal Issues

Hedge fund activist investor Elliott Management filed a lawsuit against BEA in July 2016 in Hong Kong court over a share placement transaction.
Some group of criminal hackers including Hugh Rodley, security insider Kevin O'Donoghue and others were found guilty of an attempted high-tech robbery of £229 Million Pounds from Sumitomo Mitsui Banking Corporation's branch at London in UK.
In June 2012, an employee of SMBC Nikko securities was arrested for alleged insider trading due to the suspicion of having leaked information on tender offers.
A former deputy branch manager was accused of stealing around 90 million Yen (US$1.84 million) by manipulating the bank's foreign exchange trading system.

Sumitomo Mitsui Banking Corporation has 3 IFSC connected branches in India. Bank has branches in following states: