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20.12.25 - 12:06
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BOJ Rate Hike Could Mean Both Good and Bad for Households (Nippon)
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Tokyo, Dec. 20 (Jiji Press)--The Bank of Japan's decision on Friday to raise its policy interest rate further is expected to affect households and businesses in both positive and negative ways. Following the latest BOJ decision, MUFG Bank and Mizuho Bank, two of the country's three megabanks, announced that they will increase their short-term prime lending rates to 2.125 pct from 1.875 pct.......
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19.12.25 - 23:54
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Mitsubishi announces $4.4bn Shriram deal (Times of India)
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Japan's MUFG is acquiring a 20% stake in Shriram Finance for $4.4 billion, marking the largest FDI in India's financial services. This strategic partnership will enhance SFL's capital adequacy and balance sheet, leveraging MUFG's global expertise and financial strength for long-term growth and improved credit ratings....
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19.12.25 - 15:18
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4 Major Japanese Banks to Hike Ordinary Deposit Interest Rates (Nippon)
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Tokyo, Dec. 19 (Jiji Press)--Four major Japanese banks said Friday that they will raise their annual interest rates on ordinary deposits to 0.3 pct from current 0.2 pct, effective Feb. 2, 2026, following the Bank of Japan's latest rate hike decision. The four are MUFG Bank, Sumitomo Mitsui Banking Corp., Mizuho Bank and Sumitomo Mitsui Trust Bank. The interest rates will rise to the highest......
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19.12.25 - 14:06
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MUFG to Invest in Major Indian Nonbank Lender Shriram Finance (Nippon)
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Tokyo, Dec. 19 (Jiji Press)--Mitsubishi UFJ Financial Group Inc. said Friday that it plans to invest some 396.2 billion Indian rupees, or about 682.3 billion yen, in major Indian nonbanking financial company Shriram Finance Ltd. The Japanese megabank group will acquire, through its key operating subsidiary MUFG Bank, a 20 pct equity stake in the Indian company and make it an equity-method af......
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16.12.25 - 13:06
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Mitsubishi UFJ Announces Hanzawa as Next President (Nippon)
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Tokyo, Dec. 16 (Jiji Press)--Mitsubishi UFJ Financial Group Inc. announced Tuesday that Junichi Hanzawa, currently president of MUFG Bank, will succeed Hironori Kamezawa as president of the group next spring. The appointment will take effect on April 1, marking the first leadership change at the group in six years and at the banking unit in five years. The group aims to achieve further growt......
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16.12.25 - 09:36
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MUFG Bank, Ltd. announces Notice Regarding Changes of Representatives of the Board of Directors (Business Wire)
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TOKYO--(BUSINESS WIRE)--MUFG Bank announced the following changes in Representatives of the Board of Directors decided at today's meeting of the Board of Directors.
1. Reasons for the Changes
Changes of Representatives of the Board of Directors due to regular changes in corporate executives.
2. Changes effective in Representative of the Board of Directors
(1) Effective as of April 1, 2026
Name
New Position
Former Position
Naoki
Hori
Senior Advisor
Chairman of the Board of Directors
(Representative of the Board of Directors)
Junichi
Hanzawa
Member of the Board of Directors
President & CEO
(Representative of the Board of Directors)
Yutaka
Miyashita
Chairman of the Board of Directors
(Representative of the Board of Directors)
Member of the Board of Directors
Senior Managing Executive Officer
(Representative of the Board of Directors)
Masakazu
Osawa
President & CEO
(Representative of the Board of Directors)
Member of the Board of Directors
Senior Managing Executive Officer
(Representative of the Board ...
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