MUFG Bank
MUFG Bank, Ltd. is Japan’s largest financial institution, formed on January 1, 2006, through the merger of Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. As the principal retail, corporate, and investment banking division of the Mitsubishi UFJ Financial Group, the bank primarily serves Japanese corporations. However, it has seen significant growth in overseas corporate lending, which rose by 35% in the nine months leading up to December 31, 2011.
MUFG Bank has demonstrated consistent improvement in its financial stability, increasing its tier 1 capital ratio from 7.76% in 2009 to 13.04% by February 2012. The bank’s credit ratings have remained unaffected by the financial challenges in Europe. In February 2012, Standard & Poor’s assigned an A-plus rating to the most recent series of senior unsecured bonds issued by BTMU, the bank’s predecessor.
As of October 31, 2010, MUFG Bank was recognized by Bloomberg as the largest bank in Japan and the eighth largest in the world. Its headquarters are located in Marunouchi, Chiyoda, Tokyo, with a total of 772 domestic branches and 76 international offices.
Contact Info
- www.bk.mufg.jp/global
- Chiyoda, Tokyo, Japan
