BIZ BRIEF: Sumitomo Mitsui Bank opens branch in Chongqing

August 17, 2012

THE ASAHI SHIMBUN

Sumitomo Mitsui Banking Corp. announced the opening Aug. 17 of a branch in Chongqing, China.

The subsidiary is called Sumitomo Mitsui Banking Corp. (China) Ltd. It is the first and only Japanese branch in Chongqing.

The decision reflects a commitment by the bank to expand its network across China.

The establishment of Chongqing branch will bring the total of the SMBC and SMBCCN branches to 15 in China.

THE ASAHI SHIMBUN
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