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".
MUFG names ex-JPMorgan banker as managing director of GCIB China
MUFG names ex-JPMorgan banker as managing director of GCIB China
He has served several senior roles in JPMorgan Chase Bank China.
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.
MUFG names two new heads in global corporate, investment banking APAC unit
Both Campbell and Sivarajah will be based in Singapore.