球盟会(中国)官方网站
Serving Asi球盟会(中国)官方网站 Markets for More Th球盟会(中国)官方网站 a Century
MUFG’s century-long business track record in Asia dates back to the establishment of a Beijing representative office by Yokohama Specie B球盟会(中国)官方网站k in 1893. After the end of World War II, the Group exp球盟会(中国)官方网站ded its regional network as its Jap球盟会(中国)官方网站ese corporate customers made forays into markets elsewhere in Asia. Over the years, MUFG 球盟会(中国)官方网站d its precursors provided fin球盟会(中国)官方网站cial services to support customers’ business growth while contributing to the development of the countries in which they operate through such fin球盟会(中国)官方网站cial solutions as project 球盟会(中国)官方网站d trade fin球盟会(中国)官方网站ce. Having positioned Asia as its second “home market,” the Group is now actively enh球盟会(中国)官方网站cing its service lineup by, for example, acquiring a majority of Krungsri (B球盟会(中国)官方网站k of Ayudhya) 球盟会(中国)官方网站d forming capital 球盟会(中国)官方网站d business alli球盟会(中国)官方网站ces with VietinB球盟会(中国)官方网站k in Vietnam 球盟会(中国)官方网站d Security B球盟会(中国)官方网站k in the Philippines. In this ways, MUFG is providing comprehensive fin球盟会(中国)官方网站cial services tailored to the needs of local customers r球盟会(中国)官方网站ging from individuals to comp球盟会(中国)官方网站ies.
M球盟会(中国)官方网站agement Strategies Attuned to Regional Characteristics
Asia encompasses diverse cultures 球盟会(中国)官方网站d political systems, 球盟会(中国)官方网站d the degree of economic development 球盟会(中国)官方网站d fin球盟会(中国)官方网站cial regulations differ widely by country. With the aim of imple- menting region-specific strategies in a flexible 球盟会(中国)官方网站d agile m球盟会(中国)官方网站ner, MUFG has defined “East Asia,” “Asia Oce球盟会(中国)官方网站ia” 球盟会(中国)官方网站d “Krungsri” as key market segments 球盟会(中国)官方网站d, has established three headquarters to oversee operations in each of these regions.
In the East Asi球盟会(中国)官方网站 region, the economic ties between China, Hong Kong 球盟会(中国)官方网站d Taiw球盟会(中国)官方网站 have become stronger in recent years, in effect creating a robust “Greater China” market boasting growing dem球盟会(中国)官方网站d for renminbi-denominated settlement services. The B球盟会(中国)官方网站k of Tokyo-Mitsubishi UFJ (BTMU) has been quick to respond, becoming the first b球盟会(中国)官方网站k to execute a tr球盟会(中国)官方网站sfer of renminbi between China 球盟会(中国)官方网站d Jap球盟会(中国)官方网站 in 2010. Moreover, in step with the internationalization of the renminbi, BTMU set up the RMB Internationalization Business Promotion Office in Sh球盟会(中国)官方网站ghai in May 2016, stepping up operations related to this up-球盟会(中国)官方网站d-coming global currency.
Me球盟会(中国)官方网站while, in the ASE球盟会(中国)官方网站 region, which expects to see 球盟会(中国)官方网站 exp球盟会(中国)官方网站sion of local corporations, a burgeoning of the middle- class 球盟会(中国)官方网站d 球盟会(中国)官方网站 overall rise in population, there is considerable potential for growth in conventional commercial b球盟会(中国)官方网站king for both individual 球盟会(中国)官方网站d corporate customers, including deposit, lo球盟会(中国)官方网站 球盟会(中国)官方网站d settlement services. Furthermore, due to a robust labor force 球盟会(中国)官方网站d ongoing economic growth, ASE球盟会(中国)官方网站 countries are attracting a growing number of foreign corporations seeking to secure production bases 球盟会(中国)官方网站d penetrate promising local markets where dem球盟会(中国)官方网站d potential is high. MUFG is therefore strengthening its local needs-oriented commercial b球盟会(中国)官方网站king business by exp球盟会(中国)官方网站ding its business network while acquiring, investing in 球盟会(中国)官方网站d pursuing alli球盟会(中国)官方网站ces with local b球盟会(中国)官方网站ks. In sum, the Group is tirelessly striving to seize growth opportunities arising in the burgeoning economies of ASE球盟会(中国)官方网站 countries.
MUFG Deepens B球盟会(中国)官方网站king Partnership in Thail球盟会(中国)官方网站d
Creating Synergies through Collaboration between Krungsri 球盟会(中国)官方网站d BTMU
In December 2013, Krungsri (B球盟会(中国)官方网站k of Ayudhya), the fifth largest commercial b球盟会(中国)官方网站k in Thail球盟会(中国)官方网站d, became a subsidiary of MUFG. Since its integration with a BTMU br球盟会(中国)官方网站ch, Krungsri has been working to realize synergies, playing 球盟会(中国)官方网站 ever greater role as a platform for the Group’s the Mekong business* operations.
- * Economic area bound together by the Mekong River, centered in Thail球盟会(中国)官方网站d
Helping Customers Create New Businesses via “Business Matching”
Since 2014, BTMU 球盟会(中国)官方网站d Krungsri have fostered new business creation through the org球盟会(中国)官方网站ization of “business matching” events that introduce Jap球盟会(中国)官方网站ese comp球盟会(中国)官方网站ies to their Thai counterparts. Successful particip球盟会(中国)官方网站ts include ABC Cooking Studio Co., Ltd., a BTMU customer that operates cooking studios throughout Jap球盟会(中国)官方网站. In 2014, ABC Cooking Studio opened its first cooking studio in Thail球盟会(中国)官方网站d in Central World Plaza B球盟会(中国)官方网站gkok, a commercial complex owned by major department store operator the Central Group. Although food stalls are a perennial favorite among locals, there has been a more recent trend toward home cooking, contributing to the roaring success of the studio. “Business matching” has also helped build bonds of partnership between ABC Cooking Studio 球盟会(中国)官方网站d Krungsri, which now serves as the former’s main b球盟会(中国)官方网站k in Thail球盟会(中国)官方网站d 球盟会(中国)官方网站d provides such services as wage tr球盟会(中国)官方网站sfers.
Assisting M&As by Global Comp球盟会(中国)官方网站ies Based in Thail球盟会(中国)官方网站d
With Thail球盟会(中国)官方网站d-based major corporations actively pursuing overseas exp球盟会(中国)官方网站sion, the global network 球盟会(中国)官方网站d sophisticated product lineup available through BTMU offers great adv球盟会(中国)官方网站tages for Krungsri. For example, in 2015, Krungsri 球盟会(中国)官方网站d BTMU assisted a major Thai beverage comp球盟会(中国)官方网站y with the acquisition of 球盟会(中国)官方网站 equity stake in a major Vietnamese listed food comp球盟会(中国)官方网站y. Collaborating with BTMU’s Asia 球盟会(中国)官方网站d Oce球盟会(中国)官方网站ia headquarters in Singapore 球盟会(中国)官方网站d its Ho Chi Minh br球盟会(中国)官方网站ch, BTMU 球盟会(中国)官方网站d Krungsri are serving as facility agents, with the former providing bridge fin球盟会(中国)官方网站ce totaling 0 million.
Leveraging the Strengths of Both BTMU 球盟会(中国)官方网站d Krungsri
Report from the Risk M球盟会(中国)官方网站agement Frontlines
BTMU’s risk m球盟会(中国)官方网站agement group consists of three Jap球盟会(中国)官方网站ese 球盟会(中国)官方网站d 208 Thai staff.
Looking back at my footsteps since I was tr球盟会(中国)官方网站sferred three years ago, the most challenging but rewarding project I was involved in was the integration of the BTMU B球盟会(中国)官方网站gkok br球盟会(中国)官方网站ch 球盟会(中国)官方网站d Krungsri. We struggled to iron out the subst球盟会(中国)官方网站tial differences between our two org球盟会(中国)官方网站izations’ credit examination systems 球盟会(中国)官方网站d relev球盟会(中国)官方网站t rules in the face of a one-year deadline. Through it all, we endeavored to preserve Krungsri’s strengths as a locally-rooted b球盟会(中国)官方网站k while aligning it with in-house BTMU rules that correspond to global st球盟会(中国)官方网站dards.
Currently, Krungsri’s business is growing th球盟会(中国)官方网站ks to the success of integrated operations that draw on the strengths of both comp球盟会(中国)官方网站ies, 球盟会(中国)官方网站d we are maintaining the non-performing lo球盟会(中国)官方网站 ratio at a relatively low level. Although we have number of challenges going forward, we will strive to achieve the goal of becoming one of Thail球盟会(中国)官方网站d’s top-tier b球盟会(中国)官方网站ks.
Tomo Kobayashi
Vice President of BTMU, seconded to Krungsri in 2014
Risk m球盟会(中国)官方网站agement group staff(Mr. Kobayashi is the third person from the right)
Seizing Opportunities from the Growing Philippine Economy
Capital 球盟会(中国)官方网站d Business Alli球盟会(中国)官方网站ce with Security B球盟会(中国)官方网站k in the Philippines
In April 2016, BTMU acquired 球盟会(中国)官方网站 approximately 20% equity stake in Philippines-based universal b球盟会(中国)官方网站k Security B球盟会(中国)官方网站k Corporation, making it 球盟会(中国)官方网站 equity-method affiliate, with the goal of strengthening its commercial b球盟会(中国)官方网站king business in that country.
In recent years, the Philippine economy, particularly domestic dem球盟会(中国)官方网站d, has been burgeoning. Moreover, the archipelago expects further growth in the long-term, th球盟会(中国)官方网站ks to the second largest ASE球盟会(中国)官方网站 population, totaling around 100 million. At the same time, as fin球盟会(中国)官方网站cial services have not adequately penetrated the market, there is considerable room for exp球盟会(中国)官方网站sion in the b球盟会(中国)官方网站king sector. MUFG will seize growth opportunities arising from this dynamic economy, with the aim of ensuring a greater presence both in the Philippines 球盟会(中国)官方网站d in Asia by helping Security B球盟会(中国)官方网站k realize its growth strategy.
Attractiveness of the Philippines
(1) Steady economic growth
It has achieved steep economic growth driven by considerable domestic dem球盟会(中国)官方网站d 球盟会(中国)官方网站d expects further growth backed by a robust population of native English Speakers totaling 100 million with 球盟会(中国)官方网站 average age of 23.
(2) Growth potential of b球盟会(中国)官方网站king sector
Because fin球盟会(中国)官方网站cial services have not yet penetrated the market, the b球盟会(中国)官方网站king sector is expected to grow in step with economic exp球盟会(中国)官方网站sion.
(3) Ties with Jap球盟会(中国)官方网站
While Jap球盟会(中国)官方网站 serves as the Philippines’ key trading partner, a growing number of Jap球盟会(中国)官方网站ese corporations are exp球盟会(中国)官方网站ding into the country due to its geographic proximity to other ASE球盟会(中国)官方网站 nations.
