Largest Banks in Japan

The top largest banks in Japan include Mitsubishi UFJ Financial Group, Mizuho Financial Group, Sumitomo Mitsui Banking Corporation, Resona Group, among others.

Mitsubishi UFJ Financial Group, Inc. (MUFG) is the largest financial group in Japan and the world's second largest bank holding company holding around US$1.6 trillion (JPY 135 trillion) in deposits as of March 2010.

Mizuho Financial Group (MHFG) is the second biggest financial services group in the country. Mizuho Bank (MHBK) serves primarily individuals, SMEs, and middle-market corporations and local governments in Japan.

Sumitomo Mitsui Banking Corporation (SMBC) is one of the largest banks in Japan, offering cutting edge financial services and products such as cash management service, off-balance sheet finance, foreign exchange, syndicated loans and derivatives.

SMBC's domestic market share is one of the largest among all the banks in the country. It also has the biggest market share in selling mutual funds. The bank actively participates in industry organizations such as SWIFT, CLS Bank and it is a direct member of local networks (BOJ Net, Foreign Exchange Yen Clearing System (FXYCS), Zengin System, etc.).

Resona Holdings, Inc. is the holding company of Resona Group, the fourth-largest banking group in Japan, comprising three banks: Resona Bank, Ltd., Saitama Resona Bank, Ltd., and The Kinki Osaka Bank, Ltd. The Group's banks provide customers with conveniently accessible and high-quality financial services.

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