Sumitomo Mitsui Banking Corporation, together with its subsidiaries, provides a range of financial services. It engages in deposit taking, lending, securities brokering and trading, securities investment, money transfer, foreign currency exchange, financial futures underwriting, investment trust sale, other commercial banking, leasing, credit card, factoring, collection, venture capital, securities, and investment advisory and trust management businesses, as well as in services and financing businesses; and investing for corporate revitalization.
The company also provides corporate bond trustee, custodian, computation, data processing, and information services, as well as credit guarantees for housing loans; operates and administrates defined contribution pension plans; and operates in the fields of investment and derivatives. In addition, it offers management consulting and support, system engineering, automotive financing, temporary manpower, help desk and system support, banking clerical, and electronic monetary claims recording services; organizes seminars; and buys/sells monetary claims. Further, the company provides trade and structured finance, clearing, project finance, and cash management services.
As of March 31, 2017, it operated 440 branches in Japan and 18 branches internationally. The company was founded in 1876 and is headquartered in Tokyo, Japan. Sumitomo Mitsui Banking Corporation is a subsidiary of Sumitomo Mitsui Financial Group, Inc.
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