Sumitomo Mitsui Bank
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| Private (Subsidiary) | |
| Industry | Financial services |
| Predecessor | The Wakashio Bank, Ltd. (Renamed on April 1, 2001) |
| Founded | June 6, 1996 (The Sakura Bank, Ltd.: July, 1876) (The Sumitomo Bank, Ltd.: November, 1895) |
| Headquarters | Chiyoda-ku, Tokyo, Japan |
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Number of locations
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444 branches (as of September 30, 2009) |
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Area served
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Worldwide |
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Key people
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Takeshi Kunibe (President) |
| Services |
Personal banking Corporate banking Investment banking |
| Revenue |
 ¥2,108,724 million (non-consolidated, March 2011)
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¥218,075 million (non-consolidated, March 2011)
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| Profit |
¥421,180 million (Mnon-consolidated, arch 2011)
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| Total assets |
¥115,484,907 million (non-consolidated, as of March 31, 2011)
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| Total equity |
¥5,559,293 million (non-consolidated, as of March 31, 2011)
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Number of employees
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22,524 (as of March 31, 2011) |
| Parent | Sumitomo Mitsui Financial Group, Inc. |
| Subsidiaries |
Nikko Cordial Securities Inc. Corporation Co., Ltd. |
| Website | Sumitomo Mitsui Banking Corporation |
Sumitomo Mitsui Banking Corporation (SMBC; 株式会社三井住友銀行 Kabushikigaisha mitsui sumitomo ginkō?) is a Japanese multinational banking and financial services company headquartered in Yurakucho, Chiyoda, Tokyo, Japan. It is a wholly owned subsidiary of Sumitomo Mitsui Financial Group. SMBC is the second largest bank in Japan by asset.
SMBC was formed by the merger of The Sumitomo Bank and Sakura Bank in April 2001. Sumitomo Bank was a major Japanese bank founded in 1895; Sakura Bank was a descendant of Mitsui Bank, another major Japanese bank founded in 1876, but with operations dating back to 1683, when the Tokugawa Shogunate granted Mitsui Takatoshi permission to act as a money changer.
The Sumitomo Mitsui Banking Corporation is organised in the following structure:
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Wikipedia