Company History
The roots of SMBC Group trace back more than four hundred years.
Drawing from the business spirit inherited from the pioneers at Mitsui and Sumitomo, SMBC Group has adapted to the changing needs of the times and shifted its businesses while enhancing the quality of its corporate infrastructure through sustainability initiatives.
For more information on the 20 years since the establishment of Sumitomo Mitsui Banking Corporation, please see the website "The 20-Year History of SMBC Group" .
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2001
Sumitomo Mitsui Banking Corporation formed
2002
Sumitomo Mitsui Financial Group established
2004
SMBC Consumer Finance became an equity-method affiliate
2009
SMBC Nikko Securities became a subsidiary
ESG
2002?
Endorsement of United Nations Environment Programme Finance Initiative
2005?
Establishment of Audit Committee
2007?
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Signing of United Nations Global Compact
2010?
Listed on New York Stock Exchange
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2012
SMBC Aviation Capital became a subsidiary
2012
SMBC Consumer Finance became a subsidiary
2013
SMBC Trust Bank became a subsidiary
2013
Bank BTPN became an equity-method affiliate
2015
The Bank of East Asia became an equity-method affiliate
2016
Sumitomo Mitsui Asset Management became a subsidiary
ESG
2015?
First issuance of green bond
2015?
Establishment of SMFG Corporate Governance Guideline
2016?
Endorsement of Women's Empowerment Principles
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2018?Group business reorganization
- THE MINATO BANK and Kansai Urban Banking Corporation deconsolidated
- Sumitomo Mitsui Finance and Leasing deconsolidated and converted into an equity-method affiliate
2019
Sumitomo Mitsui DS Asset Management established through merger of Sumitomo Mitsui Asset Management and Daiwa SB Investments
2019
Bank BTPN became a subsidiary
ESG
2017?
Release of Statement on Human Rights
2017?
Release of Diversity and Inclusion Statement
2017?
Endorsement of recommendations of Task Force on Climate-related Financial Disclosures
2017?
Transition to Company with Three Committees
Introduction of group-wide business units and CxO system
2018?
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Announcement of sector-specific financing policies
2019?
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Signing of Principles for Responsible Banking
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2021
Investment for growth in Asia in 2021
- Fullerton India became a consolidated subsidiary
- FE Credit became an equity method affiliate
- Investment in RCBC
Strengthening the foundations of business
- Investment in Jefferies
- Investment in ARA Asset Management
2022
Investment in SBI Holdings
ESG
2020?
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Revision of Our Mission
Establishment of SMBC Group Statement on Sustainability
2021?
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Appointment of Group CSuO and establishment of Sustainability Committee
2021?
Commitment to achieving net zero emissions across investment and loan portfolio by 2050
2021?
Participation in NZBA, TSVCM and PCAF
2022?
Participation in the TNFD Forum
2022?
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Establishment of SMBC Group Environmental and Social Framewor

The Sumitomo Mitsui Financial Group website's page for risk management information links.