Sumitomo Mitsui Financial Group Inc.
Japanese bank launches Shariah branch in Malaysia
Japan’s Sumitomo Mitsui Banking Corp (SMBC) will launch a fully Shariah-compliant Islamic finance operation in Malaysia, Japan’s Jiji Press reported on March 10. The...
Sumitomo pays $1.52b for Indonesia bank
Japanese bank Sumitomo Mitsui Financial Group Inc. said on May 8 it has reached an agreement to pay around $1.52 billion to acquire a...
Latest
Thailand, Singapore most vulnerable to potential US recession
Southeast Asia could be seriously affected in case the US falls into recession, but some countries would be more badly hit than others, economists...