Europe

Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE) was established in March 2003 and is a wholly-owned subsidiary of SMBC. The bank carries out the majority of its activities in Europe, the Middle East and Africa.

Corporate profile of SMBCE

Business Commercial Banking
Establishment date 3 March 2003
Chief executive officer Tetsuro Imaeda
Capital stock US$ 3.2bn
Ownership 100% Sumitomo Mitsui Banking Corporation
(UK incorporated subsidiary of SMBC)
Head office 99 Queen Victoria Street, London, EC4V 4EH, United Kingdom.
Number of employees 1,033
Auditor KPMG LLP
Network Head office in London and branches in Amsterdam, Dublin, Madrid, Milan, Paris and Prague.
Income (SMBCE) for fiscal year 2017-18 Net interest income US$ 278.6m
Operating income US$ 642.6m
Profit before income tax US$ 230.7m
Regulator Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Information correct as of 31 March 2018.

Credit Rating

SMBCE Moody's S&P Fitch
Long term A1 A A
Short term P-1 A-1 F1

Ratings correct as of April 2018.