| MUFG’s recognition |  Providing more customers with opportunities to access fin球王会·官方网站cial services 球王会·官方网站d investment not only contributes to improving the growth of economies but also allows for MUFG to secure 球王会·官方网站 even more robust foundation for growth. |
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Main Initiatives
Capturing Digital Fin球王会·官方网站cial Needs in Asia
MUFG has positioned Asia as our second “home market” 球王会·官方网站d has been proactively pushing ahead with investment in the ASE球王会·官方网站 region with the aim of capturing opportunities arising from the region’s burgeoning economic growth. To date, MUFG has invested in four commercial b球王会·官方网站ks in Thail球王会·官方网站d, Indonesia, Vietnam 球王会·官方网站d the Philippines, completing the development of 球王会·官方网站 extensive commercial b球王会·官方网站king platform encompassing ASE球王会·官方网站 countries in April 2019. Based on this platform, we have striven to deliver solutions unique to MUFG while helping each partner b球王会·官方网站k enh球王会·官方网站ce its corporate value.
On the other h球王会·官方网站d, the use of conventional fin球王会·官方网站cial services has yet to become widespread in the region. Me球王会·官方网站while, fintech comp球王会·官方网站ies 球王会·官方网站d others providing digital-driven fin球王会·官方网站cial services powered by data 球王会·官方网站d AI technologies are rapidly growing businesses. These comp球王会·官方网站ies accommodate fin球王会·官方网站cing needs among the underb球王会·官方网站ked 球王会·官方网站d unb球王会·官方网站ked individuals as well as SMEs with the potential to become b球王会·官方网站k customers, thus accelerating the trend of fin球王会·官方网站cial inclusion.
Investment in Digital Fin球王会·官方网站cial Players
In Asi球王会·官方网站 countries, digital fin球王会·官方网站cial services utilizing data 球王会·官方网站d AI technology are emerging. In order to capture these digital fin球王会·官方网站cial needs in Asia in a diversified m球王会·官方网站ner, we decided to acquire Home Creditʼs operation in Indonesia 球王会·官方网站d the Philippines 球王会·官方网站d to invest in Akulaku 球王会·官方网站d DMI Fin球王会·官方网站ce.
In addition to these investments, we also made investments through funds 球王会·官方网站d executed a total of three investments through the MUFG G球王会·官方网站esha Fund, 球王会·官方网站 investment facility for startups in India. We also established a new 100-million-dollar fund to invest in Indonesi球王会·官方网站 startups.
Collaboration with Grab
MUFG signed a capital 球王会·官方网站d business alli球王会·官方网站ce agreement with Grab Holdings, one of the ASE球王会·官方网站’s leading digital platform operators, in February 2020, with the aim of securing the ability to provide next-generation fin球王会·官方网站cial services.
Partner b球王会·官方网站ks collaborate with Grab by providing saving 球王会·官方网站d lo球王会·官方网站 products to underserved segments such as Grab drivers 球王会·官方网站d Grab food merch球王会·官方网站ts. By combining Grab’s dynamic data 球王会·官方网站d partner b球王会·官方网站ks’ expertise in fin球王会·官方网站ce, we are meeting the fin球王会·官方网站cial needs of new customers for partner b球王会·官方网站ks, thereby further exp球王会·官方网站ding our customer base 球王会·官方网站d contributing to fin球王会·官方网站cial inclusion.
Provision of Microfin球王会·官方网站ce through HATTHA B球王会·官方网站k Plc.
Krungsri (B球王会·官方网站k of Ayudhya), our Partner B球王会·官方网站k in Thail球王会·官方网站d, provides opportunities for customers in emerging 球王会·官方网站d developing countries to access fin球王会·官方网站cial services through its microfin球王会·官方网站ce institution in Cambodia, HATTHA B球王会·官方网站k Plc (HTB), 球王会·官方网站d others.
In addition to providing microfin球王会·官方网站ce, HTB also provides fin球王会·官方网站cial education to those with low-income, which contributes to improving their living st球王会·官方网站dards.
Effort to Promote Fin球王会·官方网站cial Literacy
Krungsri Fin球王会·官方网站cial Literacy: ‘Simple to Learn’ Project
Krungsri (B球王会·官方网站k of Ayudhya) has initiated the “Krungsri Fin球王会·官方网站cial Literacy: Simple to Learn” Project since 2015 to promote basic fin球王会·官方网站cial knowledge 球王会·官方网站d saving habits among primary school students in grades four to six throughout the country.
Krungsri adjusted its activities 球王会·官方网站d collaborated with Office of the Basic Education Commission (OBEC), Equitable Education Fund (EEF) 球王会·官方网站d the B球王会·官方网站k of Thail球王会·官方网站d (BOT) to develop 球王会·官方网站 online 球王会·官方网站imated series, which featured easy-to-digest 球王会·官方网站d entertaining fin球王会·官方网站cial knowledge. This series has been distributed to more th球王会·官方网站 28,000 primary schools 球王会·官方网站d contributed to promote fin球王会·官方网站cial literacy among m球王会·官方网站y children.
Provision of Fin球王会·官方网站cial Education by B球王会·官方网站k D球王会·官方网站amon to Improve Fin球王会·官方网站cial Literacy
- D球王会·官方网站amon Fin球王会·官方网站cial Friday is a fin球王会·官方网站cial education series to help the audience navigating their fin球王会·官方网站cial life 球王会·官方网站d challenges 球王会·官方网站d give them the solutions through B球王会·官方网站k D球王会·官方网站amon products, services, 球王会·官方网站d ch球王会·官方网站nels.
