Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) is a Japan-based financial services holding company headquartered in Tokyo. Through its subsidiaries, the group provides commercial and investment banking, financial advisory, payments, asset management, leasing, consumer finance and other related services to individuals, businesses, financial institutions and governments.
Its principal banking subsidiary is Sumitomo Mitsui Banking Corporation, which offers deposits, lending, foreign exchange, trade finance, capital markets services and wealth management. The group also operates through businesses involved in securities, credit cards, leasing, private banking, asset management and consumer finance, serving customers across a range of personal and corporate financial needs.
Sumitomo Mitsui Financial Group traces its origins to the historic Sumitomo and Sakura banking businesses, with Sumitomo Mitsui Banking Corporation established in 2001 and the group holding company formed in 2002. In addition to its extensive presence in Japan, the group maintains operations and relationships across Asia, the Americas, Europe and other international markets. Its businesses are coordinated under the SMBC Group brand.
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