SUMITOMO MITSUI BANKING CORPORATION (THE) - 8318- Profile

Sumitomo Mitsui Banking Corporation (The) Formerly known as The Sumitomo Bank, Ltd. The Group's principal activity is the provision of banking and other financial products and services. Operations include corporate finance, trade finance, structured finance, project finance, risk management, leasing finance, asset-backed finance, underwriting of debt issues, international securities operations, advisory services, M&A transactions, credit card services, electronic home banking, financial engineering and fund management, through a network of 590 domestic branches, 96 sub-branches, 21 overseas branches, 2 sub-branches, 16 overseas representative offices. The Group consists of the parent company, which merged with Sakura Bank Ltd in fiscal 2002, 144 domestic and overseas consolidated subsidiaries and 38 affiliated companies. Banking accounted for 71% of fiscal 2002 revenues; Leasing, 16% and Other (securities, credit cards, investment, loans, mortgage securities, venture capitals, systems development, data processing), 13%. City bank offering a wide range of banking facilities through 686 domestic offices/39 abroad/144 consolidated subs/38 Affiliates