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Business 10 Jan 2019 | 9:01 AM

RAM reaffirms Sumitomo Mitsui Banking's rating

KUALA LUMPUR: RAM Ratings has reaffirmed Sumitomo Mitsui Banking Corporation Malaysia Bhd’s (SMBC Malaysia) AA1/Stable/P1 financial institution ratings. 

Banking 28 Aug 2017 | 12:00 AM

Sumitomo Mitsui unfazed by new accounting standard

PETALING JAYA: Sumitomo Mitsui Banking Corp Malaysia Bhd (SMBC Malaysia) does not expect the new accounting standard MFRS 9 to impact its earnings amid forecasts by analysts that banks could incur higher provisions that could dampen earnings.

Business 29 Feb 2016 | 12:00 AM

Sumitomo Mitsui to play bigger banking role

KUALA LUMPUR: With a share capital of about RM1.58bil, the highest among foreign banks operating in Malaysia, Sumitomo Mitsui Banking Corp Malaysia Bhd (SMBC Malaysia) is in a comfortable position to provide bigger loans to Malaysian corporates as the bank strategises its business.