Sumitomo Mitsui Banking Corporation (SMBC; Japanese: Sumitomo Mitsui みついすみともぎんこう Mitsui Sumitomo Kinky) Is A Japanese Metropolitan Bank And One Of The Three Mega-banks. It Is A Subsidiary Of Sumitomo Mitsui Financial Group. It Was Established On April 1, 2001 By The Merger Of Sumitomo Bank And Sakura Bank, The Main Banks Of Sumitomo Group And Mitsui Group. Headquartered In Yurakucho, Chiyoda-ku, Tokyo. As Of 2021, There Are 444 Business Locations In Japan And 19 Overseas Locations.

History

On April 1, 2001, Sumitomo Bank Of Sumitomo Group And Sakura Bank Of Mitsui Group Merged To Form Sumitomo Mitsui Bank. On March 17, 2003, The Corporate Body Of Sumitomo Mitsui Bank Was Merged Into Its Subsidiary Wakashio Bank In A Reverse Merger, But Continued To Operate Under The Name "Sumitomo Mitsui Bank".

On December 2, 2002, Sumitomo Mitsui Credit Card, The Main Branch Of Sumitomo Bank (formerly), Went Public. In 2010, Sumitomo Mitsui Financial Group, The Parent Company Of Sumitomo Mitsui Bank, Went Public On The New York Stock Exchange.

In 2023, Sumitomo Mitsui Bank Announced A 200 Billion Yen Investment In VP Bank, The Second Largest Commercial Bank In Vietnam.