Sumitomo Mitsui Banking Corporation (SMBC)
Company description
Sumitomo Mitsui Banking Corporation was established in April 2001 through the merger of two leading banks: The Sakura Bank, Limited, and The Sumitomo Bank, Limited. Sumitomo Mitsui Financial Group, Inc., was established in December 2002 through a stock transfer as a bank holding company, and SMBC became a wholly-owned subsidiary of Sumimoto Financial Group. In March 2003, SMBC merged with the Wakashio Bank, Ltd. SMBC's competitive advantages include a strong customer base, the quick implementation of strategies, and an extensive lineup of financial products and services that leverage the expertise of strategic Group companies in specialized areas. SMBC, as a core member of SMFG, works together with other members of the Group to offer customers highly sophisticated, comprehensive financial services.
Company details
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Company updates
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April 09, 2024
Financial Closure for Magdalena Trunks 1 and 2 Road Corridor Projects
The National Infrastructure Agency (ANI) has announced the financial closure of the Magdalena Trunks 1 and 2 road corridor projects in Colombia. The Magdalena Trunks 1 and 2 projects, part...
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February 14, 2023
Cambodia seeks partner for Phnom Penh-Kep waterway
The Ministry of Public Works and Transport of Cambodia has announced the construction of a direct US$1.5 billion waterway from Phnom Penh's Bassac river to the coastal port of Kep. The...
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January 10, 2023
Contract awarded for USD692 million desalination PPP project in Saudi Arabia
The Saudi Arabian Oil Company (Aramco) has awarded Lamar Holding the contract to develop a US$693 million seawater desalination facility in Saudi Arabia.
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January 09, 2023
US$1.25 billion financing agreement signed for Airport PPP project in Peru
Lima Airport Partners (LAP) has signed a US$1.25 billion project financing agreement for the development of Lima’s Jorge Chávez International Airport (LIM) in Peru.
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August 08, 2022
BNDES provides financing for Metro Line 6 - Orange PPP in São Paulo
The National Bank for Economic and Social Development (BNDES) has provided BRL2.9 billion (US$561.46 million) in financing to the Concessionária Linha Universidade SA (CLU) for the construction...
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March 31, 2022
Two bids in for wastewater treatment plant PPP project in Ras Tanura
Saudi Arabian Oil Company (Aramco) has received two bids for the development of independent wastewater treatment plant (IWTP) in Ras Tanura complex. The plant will have an initial capacity of 18...
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February 16, 2022
Sacyr provides financing for Rumichaca - Pasto highway PPP project
Sacyr Concesiones together with Sudinco has financed the Rumichaca-Pasto 4G project in Nariño, on the border between Colombia and Ecuador. The 83 km highway PPP project includes the develo...
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November 09, 2021
APG and Celeo completes acquisition of Colbún Transmisión
APG and Celeo have completed the acquisition of Colbún Transmisión in Chile through their affiliate Alfa Desarollo. Colbún Transmisión is a power transmission ser...
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October 18, 2021
Financial close of USD1.14 billion achieved for Flood prevention PPP project in USA
The Red River Valley Alliance (RRVA) consortium, formed by ACCIONA, Shikun & Binui and North American Construction Group, has reached financial close for the flood prevention PPP project in&n...
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July 28, 2021
Odinsa provides USD260 million refinancing for Road PPP project in Colombia
Odinsa, the concessionaire for Pacifico 2 road concession, has successfully refinanced the debt for the project. The company signed the credit agreement for US$260 million with Itaú, SMBC,...
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