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Always ahead of the curve, this pioneer in ESG finance prefers to let its actions speak louder than words.
Sumitomo Mitsui Banking Corporation (SMBC) is one of the world’s oldest corporations with more than 145 years of operating existence as Mitsui Bank commenced its business in 1876, Sumitomo Bank was established in 1895, both banks were merged in 2001. The discreet global bank with about US$2 trillion of total assets aggregated from 40 worldwide locations has been carrying out its business serving customers with patience and diligence. On December 12, 1962, SMBC opened its doors for business in Hong Kong. Today, the SMBC Hong Kong Branch tends to the financial services needs of some of the largest global organizations headquartered or operative in Hong Kong.
Unwavering commitment
Named Global Bank of the Year four times between 2017 and 2021 by Project Finance International, this accolade aptly underscores SMBC’s willingness and ability to effectively deploy its strong balance sheet and debt-led expertise. It has helped build some of the most important and complex critical infrastructure projects ranging from ventures in the energy security and supply chain fields to the provision of desalination plants worldwide.
Encapsulated in its Mission to become “a trusted global solution provider committed to the growth of our customers and advancement of society”, SMBC’s longevity and success are due in no small part to its DNA.
Being polite, acting with integrity, staying consistent and committed to building mutually respectful relationships are par for course. So is taking a long-term approach to building a business that directly helps organizations access working capital and capital investments funding critical to survival and prosperity through good times and bad. Getting the job done with a clarity of purpose but without fanfare, just because contributing to society is the right thing to do, is the modus…
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