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The Merger with Sumitomo Bank Building a New Business Model for the 21st Century; Part 3 (PDF:146KB) Commercial Banking Division Company International & Corporate Banking Division Company Investment Banking Division Company; Part 4 (PDF:72KB) Resolving Problem Loans
Oct 14, 1999 · Sumitomo, Sakura to merge October 14, 1999: 3:28 p.m. ET Japanese banks would form world's No. 2 bank, with assets of $900B
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Sakura Bank and Sumitomo Bank also steered a course toward merger. 2000's - 2010's Sumitomo Mitsui Financial Group, following the establishment, added new functions to the Group in the areas of consumer finance and securities, and spread our operational and geographic wings to work toward top-line growth.
Sumitomo Mitsui Financial Group, Inc. (the holding company for Sumitomo Mitsui Banking Corporation) is one of the largest banking groups in the world with ¥104 trillion (US$874 billion) in assets. Debt of Sumitomo Mitsui Banking Corporation of Canada rated by DBRS is guaranteed by Sumitomo Mitsui Banking Corporation.
Sakura Branch of Mitsui Sumitomo Bank . Branch Address. Sakae-cho 21-10 Sakura-shi, Chiba Postal Code 285-0014 Japan Tel. 043-486-3131. Zengin Bank Code. 0009.
Bank ini adalah hasil merger dari 2 bank yang telah berdiri sebelumnya,yaitu Bank Sumitomo Niaga, yang dimiliki oleh The Sumitomo Bank Ltd dan Bank CIMB Niaga (d/h Bank Niaga), kemudian berubah menjadi Bank Sumitomo Indonesia pada 2001 serta Bank Mitsui Swadharma, yang dimiliki oleh The Mitsui Bank Ltd dan Bank Central Dagang (dilikuidasi), kemudian berubah menjadi Bank Sakura Swadharma pada 1992.
