Friday 3 October 2014

10. The Bank of Tokyo-Mitsubishi UFJ


The Bank of Tokyo-Mitsubishi UFJ (BTMU) is the largest bank in Japan, which was established on January 1, 2006, with the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. BTMU dates back to 1880 as the Mitsubishi Bank, Ltd., founded by former samurai Iwasaki Yatarō, and was a core member of Mitsubishi Group companies. In April 1996, the Mitsubishi Bank, Ltd. and the Bank of Tokyo, Ltd. merged into the Bank of Tokyo-Mitsubishi, Ltd. (株式会社東京三菱銀行 Kabushiki kaisha tōkyō mitsubishi ginkō?), becoming the world's largest bank in terms of total assets. The bank serves as the core retail and commercial banking arm of the Mitsubishi UFJ Financial Group.


Its traditional client base is made up of Japanese corporate, however, overseas corporate lending increased 35% in the nine months until December 31, 2011. The bank has steadily increased its tier 1 capital ratios from 7.76% in 2009 to 13.04% as reported in February 2012, and its credit ratings have been unaffected by developments in Europe – Standard & Poor’s assigned BTMU’s most recent series of senior unsecured bonds an A-plus rating (Feb 2012).


As of 31 October 2010, BTMU was ranked by Bloomberg as the largest bank in Japan and the eighth largest in the world.

 
Employees
37,527
(as of March 31, 2014)
Network
Domestic Branches 764
Overseas Branches 75
(as of March 31, 2014)

 
 
 

Recent Awards:
 
Global Bank of the Year Award 2013

MUFG reclaimed its title as the PFI Global Bank of the Year in 2013, reconfirming its global leadership in the project finance market. MUFG will continue its commitment to financing energy and infrastructure businesses and contributing to global sustainable growth.

Custody/ Agent Bank in Major Markets Awards 2013


Top-rated As voted by Leading Clients
Top-rated As voted by Cross-Border/Non Affiliated Clients

BTMU has been “top-rated” for the past 11 consecutive years in the Agent Bank for Japan, which has been conducted by the Global Custodian Magazine.


Syndicated Loan Performance Award — “ Best Management Award ”

BTMU (China) received the award at the 4th annual conference of the China Banking Association (CBA) Syndicated Loan and Transaction Special Committee held in Beijing in October 2013. The award recognizes BTMUC’s regulatory compliance, sound operational management, and other aspects of its syndicated loan business development. This follows the “Best Management” award received in 2012 and the “ Best Performance ” award received in 2011, which makes three consecutive years that our business in China has been cited for excellence. CBA is the banking industry’s self-regulatory organization established under the China Banking Regulatory Commission (CBRC, directly under the State Council of China). Members of CBA are financial institutions established with permits from CBRC.


Syndicated Loan Performance Award — “ Best Syndicated Loan House ”

This award was received in January 2014 from the Shanghai Banking Association (SBA) and is the third time that the SBA has recognized BTMU (China), following the “Best Syndicated Loan House” award received in 2012 and the “Best Innovative Project” award received in 2011. BTMUC was honored for its syndicated business development and reputation in the syndication market. Founded in 1992, the nonprofit SBA provides self-discipline, rights protection, coordination, and service for local members and operates under the management of the China Banking Regulatory Commission of Shanghai (CBRC: directly under the State Council of China). All the member banks of SBA are located in Shanghai with licenses from CBRC.

 

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