15 August 2013

SMBC to Establish Representative Office in Mongolia

Tokyo - 15 August 2013 - Sumitomo Mitsui Banking Corporation (SMBC) has received approval to establish a Representative Office in Ulaanbaatar from The Bank of Mongolia. The representative office will commence operation subject to SMBC obtaining the approval of the Japanese regulatory authorities.

SMBC will provide a wide range of funding solutions for the development of natural resources and infrastructures in Mongolia which is expected to gain momentum in the foreseeable future, and further enhance our services to our clients in Mongolia.

Source: SMBC