MUFG looks to leverage regional partners to grow Asean corporate banking business
Bank’s network in S-E Asia said to give it strong local capabilities and thus a ‘huge competitive advantage’
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MUFG is already known as Japan’s largest bank. In South-east Asia, it now wants to be more than just that.
Richard Yorke, head of global corporate and investment banking for Asia-Pacific at MUFG, noted that it is also a significant shareholder of several regional banks.
The Japanese banking group operates in 18 markets in the Asia-Pacific region under the MUFG brand.
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