MUFG's presence in China dates back to 1958. In 2007, we were locally incorporated as MUFG Bank (China) Ltd. We are one of the largest foreign banks in China with a branch network across 14 cities and 2,300 employees.
MUFG China has an RMB internationalization business promotion office, which works together with the head office in Japan and MUFG Bank’s Hong Kong branch on its RMB business. In April 2019, we were also notified by the People's Bank of China (PBOC) that access had been granted to the country’s open-minded operations, making MUFG China the first Japanese institution and fourth non-Chinese lender to gain that privilege. In September 2019, the National Association of Financial Market Institutional Investors (NAFMII), regulator of the Chinese interbank bond market, approved MUFG China’s right to underwrite bonds issued by non-financial companies onshore. As a holder of this underwriting license, the bank can join syndicate teams for domestic deals.
China will remain a crucial growth engine driving long-term progress within the region and around the world. We will continue to move in lockstep with clients as they seek out opportunities in high-growth regions such as the Greater Bay Area. As government enterprises, industry sectors and local companies further develop their sustainability action plans, we will leverage our ESG expertise in support of their transition toward a brighter and greener future.
We will continue to pursue our goal of being the pre-eminent partner of Chinese corporates as they expand out into the world and be the gateway for global companies to invest in China’s exciting growth opportunities.
MUFG China has an RMB internationalization business promotion office, which works together with the head office in Japan and MUFG Bank’s Hong Kong branch on its RMB business. In April 2019, we were also notified by the People's Bank of China (PBOC) that access had been granted to the country’s open-minded operations, making MUFG China the first Japanese institution and fourth non-Chinese lender to gain that privilege. In September 2019, the National Association of Financial Market Institutional Investors (NAFMII), regulator of the Chinese interbank bond market, approved MUFG China’s right to underwrite bonds issued by non-financial companies onshore. As a holder of this underwriting license, the bank can join syndicate teams for domestic deals.
China will remain a crucial growth engine driving long-term progress within the region and around the world. We will continue to move in lockstep with clients as they seek out opportunities in high-growth regions such as the Greater Bay Area. As government enterprises, industry sectors and local companies further develop their sustainability action plans, we will leverage our ESG expertise in support of their transition toward a brighter and greener future.
We will continue to pursue our goal of being the pre-eminent partner of Chinese corporates as they expand out into the world and be the gateway for global companies to invest in China’s exciting growth opportunities.
MUFG China on WeChat: