SMBC Bank EU AG (SMBC EU) is a CRR* credit institution established in Germany, authorised by the European Central Bank (ECB) and supervised by Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority) (BaFin). It provides business and financial services in the European Economic Area (EEA) as a wholly owned European subsidiary of SMBC.
*Capital Requirements Regulation (EU) No. 575/2013.
SMBC EU will begin providing securities service as a universal bank by merging with SMBC Nikko Capital Markets Europe GmbH (SMBC Nikko CM Europe), subject to completion of legal and regulatory processes, in April 2022.
The merger will enable SMBC Group to better serve customers by offering banking and securities products through a single entity providing the full range of financial services. Expanding the range of its financial service to meet a variety of customer needs, SMBC Group aims to provide higher value-added solutions with customers in the EEA.
PDF News release: Launch of universal bank in Germany (SMBC Group – 26 April 2022)
Business | Commercial and investment banking | |
Establishment date | 25 September 2017 | |
Executive board | Naoki Okubo (chairman), Stanislas Roger, Dr Niklas Dieterich, Isabelle Saadjian, and Yosuke Uemura | |
Supervisory board | Hideo Kawafune (chairman) | |
Legal form | Aktiengesellschaft (stock corporation) | |
Capital stock | € 5.1bn | |
Ownership | 100% Sumitomo Mitsui Banking Corporation (SMBC subsidiary incorporated in Germany) | |
Head office | Main Tower, Neue Mainzer Straße 52-58, 60311 Frankfurt am Main, Germany | |
Network | Head office in Frankfurt and branches in Amsterdam, Dublin, Düsseldorf, Madrid, Milan, Paris and Prague. | |
Commercial register | Amtsgericht (district court) in Frankfurt am Main under HRB 110214 | |
VAT-ID | DE815784709 | |
Authorisation authority | European Central Bank. Authorised on 9 November 2018. | |
Supervision authority | Bundesanstalt für Finanzdienstleistungsaufsicht (Federal Financial Supervisory Authority) (BaFin) Bankenaufsicht (banking supervision) Graurheindorfer Straße 108, 53117 Bonn, Germany Wertpapieraufsicht (securities supervision) Marie-Curie-Straße 24-28, 60439 Frankfurt am Main, Germany For proof of our authorisation, please see the relevant entry in the BaFin Unternehmensdatenbank (company register) | |
Contact | Tel +49 (0)69 22229-8200 Fax +49 (0)69 22229-8202 Email smbceu@de.smbcgroup.com |
Information correct as of 21 May 2024.
SMBC Bank EU | S&P | Fitch |
---|---|---|
Long term | A | A- |
Short term | A-1 | F1 |
Ratings correct as of 8 December 2022.
Sumitomo Mitsui Financial Group (SMFG) |
↓ 100% ↓ |
Sumitomo Mitsui Banking Corporation (SMBC) Tokyo |
↓ 100% ↓ |
SMBC Bank EU AG |
↓ 100% ↓ |
SMBC Nikko Bank (Luxembourg) S.A. |
SMBC Bank EU AG |
---|
Information correct as of 21 May 2024.