Sumitomo Mitsui Banking Corporation (SMBC) is a Japanese multinational banking and financial services company that was formed by the merger of The Sumitomo Bank and The Sakura Bank in April 2001. Its strong customer base, quick implementation of strategies and an extensive line-up of financial products and services, which leverage the expertise of strategic Group Companies gives it a competitive advantage.
It is a core member of Sumitomo Mitsui Financial Group (SMFG) and works with other members of the group to offer its customers highly sophisticated and comprehensive financial services. SMBC, as a major international bank, has developed a strong presence in Australia with corporate and institutional clients. With strong revenue and asset growths, it ranks sixth in the Australian Mandated Arranger Table in 2014.
In Australia, SMBC has made a mark as an unbeatable banking partner that fulfils all banking needs of today’s complex and competitive market. Its product and services include trade finance, project finance, structured finance, cash management services, syndicated loan, yen clearing and custody and securities services.
SMBC has been named “Global Bank of the Year 2014” by Thomson Reuters. It is the first bank to have won this award consecutively three times, which reflects its commitment and leading role in the global project finance sector.
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