Overview
In 1953, MUFG's banking entity, the Bank of Tokyo-Mitsubishi UFJ opened a representative office in Manila, and in 1977, was granted offshore banking unit status – the only Japanese bank in the Philippines to have done so. In 1995, our branch acquired a full banking operations license.
Our strong loan syndication capabilities have contributed to the bank's rise as one of the leading foreign lenders in the Philippines.
To further enhance our regional footprint and better support companies making inroads into the Philippines and Asia, we entered into a strategic partnership with Security Bank Corporation (SBC) in 2016, acquiring a 20 per cent stake in the company.
With SBC's local insights and MUFG's global expertise, we are well-positioned to support foreign and domestic businesses as they invest in the fast-growing Philippine economy. For instance, we have been a longtime supporter of major Japanese companies as they invest in the Philippines and establish production and supply value chains both within the country and across Asia & Oceania.