Over four centuries of tradition

The history of the Sumitomo and Mitsui companies date back more than four centuries with both starting as family businesses in Japan. Later, they both become banks – Mitsui in Tokyo in 1876 and Sumitomo in Osaka in 1895. The first European branch of Sumitomo Bank opened in London in 1918.

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.

Global reach rooted in Japanese heritage

More than a century of connecting Europe with Asia

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.

OUR HISTORY

Our institution has roots that trace back more than 400 years, and the EMEA Division of SMBC has more than a century of experience in Europe and more than 40 years in both the Middle East and Africa.

  • 1590Sumitomo family business commences
  • 1673Mitsui family business commences
  • 1876Mitsui Bank is established
  • 1895Sumitomo Bank is established
  • 1918London branch of Sumitomo Bank opens
  • 1924London branch of Mitsui Bank opens
  • 1969Düsseldorf representative office of Sumitomo Bank opens
  • 1971Düsseldorf representative office of Mitsui Bank opens
    Brussels branch of Sumitomo Bank opens
  • 1975Cairo representative office of Sumitomo Bank opens
  • 1979Madrid and Bahrain representative offices of Sumitomo Bank open
  • 1982Milan and Paris representative offices of Sumitomo Bank open
    Brussels branch of Mitsui Bank opens
  • 1983Frankfurt representative office of Sumitomo Bank opens
  • 1986Sumitomo Capital Markets is established in London
  • 1989Sumitomo Bank is listed on the London Stock Exchange
    Sumitomo Finance Dublin is established
  • 1990Amsterdam representative office of Sumitomo Bank opens
  • 1991Istanbul representative office of Sumitomo Bank opens
  • 1992Sakura Bank is established following the earlier mergers of Mitsui, Taiyo and Kobe banks
  • 1996Johannesburg representative office of Sumitomo Bank opens
  • 2001Sumitomo Mitsui Banking Corporation is formed by the merger of Sumitomo and Sakura banks
  • 2003Sumitomo Mitsui Banking Corporation Europe Limited begins operations
  • 2004Abu Dhabi representative office opens
  • 2005Moscow representative office opens
  • 2007Dubai DIFC branch opens
  • 2008Doha QFC office opens
    Prague representative office opens
  • 2009JSC Sumitomo Mitsui Rus Bank is established in Moscow
  • 2017SMBC Bank EU AG is established in Frankfurt
  • 2018SMBC Advisory Services Saudi Arabia LLC is established in Riyadh