Our parent, Sumitomo Mitsui Banking Corporation (SMBC), offers a broad range of financial services centered on banking. Through its group companies, SMBC is also engaged in leasing, securities, credit card, investment, venture capital and other credit related businesses.
SMBC operates in over 30 countries including branches and representative offices in Asia, Oceania, Europe, Middle East, Africa, and the Americas.
In 1990, Mitsui Bank, Limited and Taiyo Kobe Bank, Limited, two major commercial banks, completed a strategic merger, which resulted in the birth of Mitsui Taiyo Kobe Bank, Limited, the largest commercial bank in Japan at that time.
In 1992, Mitsui Taiyo Kobe Bank, Limited changes its name to Sakura Bank, Limited.
April 2001, Sakura Bank and Sumitomo Bank merged to start anew as Sumitomo Mitsui Banking Corporation (SMBC).
March 2012, SMBC enjoys ratings of Aa3 by Moody's and A+ by Standard & Poor's, and A by Fitch Ratings.
As of September 30, 2015, SMBC enjoys credit ratings of an A1 by Moody’s, an A by Standard & Poor’s and an A- by Fitch Ratings.