Sumitomo Mitsui Banking Corporation
Recent events
Recent events tied to this brand in public sources.
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2026
SMBC and Ant International sign cross-border payments memorandum
SMBC said it signed a memorandum of understanding with Ant International to cooperate on cross-border payments and support business expansion, focusing on trade flows involving Japan, Singapore and Southeast Asia. The agreement covers financial services for Ant International's payment and account-management businesses and potential cooperation involving its Whale RTP platform; it does not announce a new payment-service launch.
2026
SMBC in talks to increase stake in Vietnam's VPBank, Reuters reports
Reuters exclusively reports, citing sources, that Japan's SMBC is in talks to increase its stake in Vietnam's VPBank. The report is based on unnamed sources and the article does not announce any concluded agreement.
2022
Eximbank ends strategic partnership with SMBC
Eximbank's board resolved to terminate its partnership with SMBC effective February 7, following SMBC's earlier proposal to end the strategic alliance.
2021
REC raises $75 million syndicated term loan
State-run REC raised a USD 75 million, five-year secured SOFR-linked syndicated term loan, with Sumitomo Mitsui Banking Corporation's Singapore Branch serving as sole Mandated Lead Arranger and Bookrunner. The proceeds were designated for power sector projects, subject to RBI external commercial borrowing guidelines.
2021
Allganize completes $10 million financing
Allganize announced that it had completed a $10 million financing led by Atinum Investment, with participation from Stonebridge Ventures, Sumitomo Mitsui Banking Corporation, and existing investors. The company said it planned to use the investment to accelerate research and development, global expansion, and increase headcount in 2021.
2020
SMBC and Orbital Insight announce service partnership
SMBC announced a partnership with Orbital Insight to offer customers access to new data sources for business decisions.
2020
SBI signs loan agreement of up to $1 billion with JBIC
State Bank of India said it signed a loan agreement of up to $1 billion with Japan Bank for International Cooperation. The facility is intended to support the business operations of Japanese automobile manufacturers in India.
2020
Opdenergy completes financing for two Chilean projects
Sumitomo Mitsui Banking Corporation provided financing to Opdenergy for construction of the La Estrella wind farm and Sol de los Andes PV plant in Chile.
2020
Summit receives $140 million in project financing
Summit Group received $140 million in long-term project financing from Clifford Capital and Sumitomo Mitsui Banking Corporation for its 300-megawatt Summit Gazipur II Power Plant in Bangladesh.
2019
TAQA secures $3.5 billion revolving credit facility
Abu Dhabi National Energy Company, known as TAQA, announced that it secured a new five-year, multicurrency US$3.5 billion revolving credit facility with a syndicate of 13 banks, replacing its existing US$3.1 billion facility.