Sumitomo Mitsui Banking

Sumitomo Mitsui Banking Corporation (SMBC) is a banking institution based in Tokyo, Japan. The bank was established in 2001 though the merger of Sakura Bank and Sumitomo Bank. The firm offers a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital, and other credit-related businesses. SMBC is an operating subsidiary of Sumitomo Mitsui Financial Group. The assets of the bank are managed by the board of directors.