December 11, 2015

Sumitomo Mitsui Banking Corporation

Signing of Memorandum of Understanding with

PBC School of Finance, Tsinghua University

Tokyo, December 11, 2015 -- Sumitomo Mitsui Banking Corporation (SMBC, President & CEO: Takeshi Kunibe) and Sumitomo Mitsui Banking Corporation China Limited (President: Toshiyuki Tatsuta), a subsidiary of SMBC, announced today that they have signed a Memorandum of Understanding (MoU) with PBC School of Finance, Tsinghua University (Chairwoman: Xiaoling Wu) for the purpose of student education and personal exchange.

PBC School of Finance, Tsinghua University (formerly known as People’s Bank of China Graduate School) is an education institution specializing in finance, and has been producing high quality professionals who have become leaders in the Chinese financial industry. It became one of the institutions of Tsinghua University Graduate School in March, 2012, and continues to educate and produce professionals who are well-versed in both advanced financial theories and practices and will lead the future of the financial industry.

SMBC and SMBCCN have been cooperating with the School in various ways, such as sending top-notch bankers as lecturers to share their expertise and insights, sending staff to participate in its curriculum, and accepting students from the School for internship.

With the signing of the MoU, SMBC and SMBCCN will further strengthen the cooperation with the School, including establishing a new scholarship program and expanding the internship program, in order to further contribute to the development and growth of the Chinese economy and financial industry.

(Profile of PBC School of Finance, Tsinghua University)

Name:                 PBC School of Finance, Tsinghua University

Establishment:    March, 2012

Profile:               The former People’s Bank of China Graduate School was established in
September, 1981. In March 2012, it became a graduate school of Tsinghua University after receiving the authorization of the Ministry of Education of the People's Republic of China.

Locations:          43 Cheng Fu Road, Haidian District, Beijing, 100083