MUFG

MUFG Bank, Ltd. is the largest bank in Japan. It was established on 1 January  2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd.

MUFG is one of the three so-called Japanese "megabanks". 

Strong regional earnings boosts MUFG’s profits

In case of trouble, MUFG has a high likelihood of getting government support.

MUFG closes $404m green loans to build two data centres in Jakarta

This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.

MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors

Proceeds will be used for working capital needs related to EVs.

MUFG buying 80.6% shares in Indonesia’s PT Mandala Multifinance Tbk for $468m

MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.

MUFG halfway to its 2030 sustainable finance target

The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.

MUFG Bank invests over $230m in Indian fintech DMI Finance

It has serviced over 11 million customers as of end-2022.

Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst

Synergy with parent company MUFG will help grow its corporate and SME loans.

MUFG Bank signs BTNZ as first client for green deposits product in New Zealand

The funds are used for green loans in clean transportation and green development.

MUFG names Angus St. John as head of financial sponsor coverage in APAC

St. John has over 25 years of experience in the financial services industry.

MUFG Bank launches branch in India’s GIFT City

The bank now has six branches throughout India.

MUFG sells shares in Hong Kong’s Dah Sing Bank

MUFG’s predecessor Sanwa Bank had bought 13% of DSFH shares in 2000.

MUFG names Manoj Bhatia as head of corporate global subsidiary banking

Bhatia will continue his role as head of GSB Asia Pacific.

MUFG closes HK$1.35b dual currency green term loan for Xinyi Glass Holdings

The three-year syndicated loan was 2.25 times oversubscribed.

Japan megabanks’ bad loans edge up to highest in six years

Billion-dollar exposures to Russia contributed to the negative outlook.

MUFG Bank names ex-Indonesia country head as new Regional Exec for APAC

Daisuke Ejima was country head of Indonesia prior to his new role.