MUFG Asia Strategy for
FY2024-2026
As the world’s most economically vibrant and exciting growth region, the Asia Pacific represents MUFG’s second core growth market outside Japan.
Introducing MUFG’s Asia Strategy
The convergence of opportunities brought about by the region’s burgeoning and interconnected economies, the growing demand for financial services by its populations and corporations provided a timely impetus for the group to launch a strategy to enhance its extensive regional network and business franchise. An extension of our current three-year Medium Term Business Plan ending FY2026, this “Asia Strategy” puts into sharp focus Asia Pacific’s significance as the only geographical region identified by the group as crucial to MUFG’s success.
The strategy harnesses the region’s growth by leveraging MUFG’ s pan-Asian footprint and creating new value. It empowers the group to dynamically pursue opportunities by tapping the synergies of capturing recurring revenue; challenging ourselves to venture into new domains; capitalising on the growth of key markets like India; cultivating a regional digital strategy and consolidating and concentrating on core competencies.
Doubling down on Asia Pacific
Operating in an industry where long-term customer relationships are paramount, MUFG’s deepening engagements with existing and prospective customers form the cornerstone of our Asia Strategy to increase and diversify recurrent revenues.
We are committed to fostering enduring, productive relationships as we partner our customers across the region to achieve mutually beneficial outcomes.
We are committed to fostering enduring, productive relationships as we partner our customers across the region to achieve mutually beneficial outcomes.
MUFG’s drive to venture into new domains also expresses the group’s corporate values of ‘constantly challenging ourselves and remaining agile to continuously raise the bar or break new ground in our business operations. Nowhere is this more apparent than our unrelenting focus on helping companies and governments in Asia achieve carbon neutrality through engagement and transition finance. We also strive to be the preferred provider of liquidity and working capital solutions in Asia Pacific to provide tailored financial solutions for the cross-border requirements of our clients.
Our efforts to harness India’s growth are equally timely, capitalising on the country’s economic ascendancy. Given our long presence in the country, MUFG is optimally positioned to foster an ecosystem of partnership and collaboration encompassing our partners, investees and stakeholders to partake in the country’s growth.
At the intersection of digitalisation and financial services, we are forging ahead with our vision to shape Asia’s digital strategy particularly in fintech. Instrumental to MUFG’s aspiration to be Asia’s leading digital finance group is our unique MUFG Openly Connected Digital Ecosystem (MODE) platform. MODE provides fintech companies which MUFG has invested in with access to our network of corporate clients and suite of banking products, enabling them to innovate and scale faster.
Finally, to support and augment our multitude of Asia-focused initiatives and operations, we are consolidating our business infrastructure and concentrating on core competencies to hone our competitive edge. This entails the resolute pursuit of efficiency by streamlining functions, optimising resources and standardising operations and systems across the region.