News Release


Opening of Changshu Sub-Branch of SMBCCN(1/1)

January 17, 2011

Sumitomo Mitsui Banking Corporation

 

Opening of Changshu Sub-Branch of SMBCCN

 

TOKYO, January 17, 2011 --- Sumitomo Mitsui Banking Corporation (SMBC, President: Masayuki Oku) announced today its wholly-owned subsidiary Sumitomo Mitsui Banking Corporation (China) Limited (gSMBCCN,h President: Kazunori Okuyama) has opened Changshu Sub-Branch in Changshu, Jiangsu Province, Peoplefs Republic of China , as part of its efforts to further strengthen its office network in mainland China.

 

Changshu is a city located in the Shanghai-East-China area which is expected to continue to grow rapidly as one of the main drivers of Chinafs economic growth. Changshu, in particular, has been a magnet for many Japanese enterprises and a wide range of manufacturing industries, making it  one of the cities expected to show the most growth moving forward. SMBC and SMBCCN have already concluded economic cooperation agreements with Changshu and Changshu South-East Economic Development Zone. With the biggest office network in the Shanghai-East-China area by a Japanese bank – six offices, including Changshu Sub-Branch – SMBC will be able to provide enhanced services to our clients.

 

For SMBC, China is one of its most important markets in the world. SMBCfs goal is to deliver comprehensive financial services to its clients in China, and a full network of fifteen offices in mainland China, including Changshu Sub-branch and Shenzhen Branch which is now preparing for the establishment, is a key initiative for achieving this goal.

 

Profile of Changshu Sub-Branch

Registered Name

Sumitomo Mitsui Banking Corporation (China) Limited Changshu Sub-Branch

Address

8F, Science Innovation Building (Kechuang Building), No.333 Dongnan Road, Changshu Southeast Economic Development Zone of Jiangsu, Changshu, Jiangsu, PRC

Service(*)

Deposit, Loan, Trade finance, Domestic remittance, Overseas remittance, Bond, Foreign exchange(excluding cash exchange)

General Manager

Hiroshi Tagami, Mr.

TEL&FAX

TELF86-(512)-5235-5553   FAXF86-(512)-5235-5552

(*) Some services may be restricted due to supervisory regulations. Please inquire the person in charge of Changshu Sub-Branch for details.


SMBCCNfs office network in mainland China

Branch:                               Shanghai, Beijing, Tianjin, Suzhou, Hangzhou, Guangzhou and Shenyang

Sub-Branch:                     Suzhou Industrial Park, Tianjin Binhai, Shanghai Puxi and Changshu

Total:                               Eleven offices

 

SMBCfs office network in mainland China

Branch:                            Shanghai

Representative Office:      Dalian and Chongqing

Total:                               Three offices

 

 




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