About SMBC Bank EU AG Prague Branch
SMBC was established in 2001 following the merger of Sumitomo and Sakura banks, the latter was formed following the earlier mergers of Mitsui, Taiyo and Kobe banks.
With a presence in London since 1918, SMBC Group’s predecessors – Sumitomo and Mitsui – were two of the earliest Japanese banks to operate in Europe. Over the century, the bank has focused on acting as a reliable partner for its European customers. It opened a representative office in Düsseldorf in 1969, and expanded its presence further throughout the 1970s and 1980s with offices in Brussels, Madrid, Milan, Paris, Frankfurt and Dublin, and finally Amsterdam in 1990. When central and eastern Europe transitioned to free-market economies in the early 1990s, SMBC Group was one of the first foreign financial institutions to be active in the region. An office opened in Prague in 2008… Continue reading about SMBC Bank EU AG Prague Branch here.
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