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Sumitomo Mitsui Banking Corporation company logo
Diversified Financial Services
FINANCE
smbc.co.jp

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Investments

136

Portfolio Exits

21

Partners & Customers

10

About Sumitomo Mitsui Banking Corporation

Sumitomo Mitsui Banking Corporation, part of Sumitomo Mitsui Financial Group, offers a range of financial services centered on banking. The company is also engaged in leasing, securities, credit card, mortgage securitization, venture capital and other credit-related businesses.

Sumitomo Mitsui Banking Corporation Headquarter Location

Chiyoda-Ku 1-1-2, Marunouchi

Tokyo, 100-0005,

Japan

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Latest Sumitomo Mitsui Banking Corporation News

HDFC seals $1.1 billion social loan for affordable housing

Aug 5, 2022

2 min read . Updated: 05 Aug 2022, 05:33 PM IST Devesh Kumar The transaction marks several milestones as it is the largest social loan globally and the first social ECB loan out of India and that too from a Housing Finance Company Listen to this article HDFC on Friday announced the completion of the $1.1 billion Syndicated Social Loan Facility for financing affordable housing in India. The company called it the largest social loan globally and the first social ECB loan out of India. Notably, this is also the largest ECB loan deal from a Housing Finance Company/ private NBFC in the country. The HDFC loan has been priced competitively at a margin of 90 basis points over the Secured Overnight Financing Rate (SOFR). External Commercial Borrowings (ECB) are loans in India given by non-resident lenders to Indian borrowers. The loans are in foreign currency and are used widely in India by private companies and PSUs. In its regulatory filing, the NBFC giant stated that proceeds from the social loan would go towards financing affordable housing loans and promotes HDFC ’s longstanding mission to be the leading provider of housing loans in India. HDFC has already financed 9.5 million housing units and has a gross loan book of ₹6.7 trillion. Japan's largest bank MUFG bank is the Lead Social Loan Coordinator and Mandated Lead Arranger and Borrowers (MLAB). In finance, MLAB is an entity that determines the terms and conditions of a syndicated loan. Other MLABs include CTBC Bank, Mizuho Bank, State Bank of India, and Sumitomo Mitsui Banking Corporation. These banks are also the Joint Social Loan Coordinators. “Affordable housing is a critical component of quality infrastructure as also a growth driver for the real estate industry and the economy at large given its strong linkages to nearly 300 industries. It contributes to capital formation, employment, and income opportunities. A boost to affordable housing will play a significant role in the ‘Housing for All’ objective of the government. The aspiration to own a home is inherent in every household", said Mr. Deepak Parekh, Chairman, HDFC Ltd, according to the press release of the company. “In India, housing will play an important role as a catalyst for growth with increased demand for affordable housing. Combined with India’s growth prospects, I have never been as optimistic about the affordable housing sector as I am today", he added.

Sumitomo Mitsui Banking Corporation Investments

136 Investments

Sumitomo Mitsui Banking Corporation has made 136 investments. Their latest investment was in Apex Clean Energy as part of their Line of Credit on August 8, 2022.

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Sumitomo Mitsui Banking Corporation Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/2/2022

Line of Credit

Apex Clean Energy

$650M

Yes

3

6/28/2022

Unattributed

Marathon Capital Group

Yes

1

6/6/2022

Loan

Ipoca

$1.68M

Yes

1

5/3/2022

Line of Credit

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$99M

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10

4/28/2022

Loan - II

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$99M

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10

Date

8/2/2022

6/28/2022

6/6/2022

5/3/2022

4/28/2022

Round

Line of Credit

Unattributed

Loan

Line of Credit

Loan - II

Company

Apex Clean Energy

Marathon Capital Group

Ipoca

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Amount

$650M

$1.68M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

3

1

1

10

10

Sumitomo Mitsui Banking Corporation Portfolio Exits

21 Portfolio Exits

Sumitomo Mitsui Banking Corporation has 21 portfolio exits. Their latest portfolio exit was OPDEnergy on July 22, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/22/2022

IPO

$99M

Public

1

5/11/2022

Acq - Pending

$99M

3

3/28/2022

IPO

$99M

Public

1

2/3/2022

Acquired

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$99M

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10

2/1/2022

Acquired

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$99M

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10

Date

7/22/2022

5/11/2022

3/28/2022

2/3/2022

2/1/2022

Exit

IPO

Acq - Pending

IPO

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Public

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Sources

1

3

1

10

10

Sumitomo Mitsui Banking Corporation Acquisitions

1 Acquisition

Sumitomo Mitsui Banking Corporation acquired 1 company. Their latest acquisition was General Electric - Japanese Leasing Business on December 15, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/15/2015

$99M

Acquired Unit

1

Date

12/15/2015

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired Unit

Sources

1

Sumitomo Mitsui Banking Corporation Partners & Customers

10 Partners and customers

Sumitomo Mitsui Banking Corporation has 10 strategic partners and customers. Sumitomo Mitsui Banking Corporation recently partnered with Unqork on March 3, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

3/31/2022

Vendor

United States

09:00 EDT Unqork's Enterprise No-Code Platform Selected by SMBC to Power Its Digitization Efforts

`` It is our pleasure to partner with Unqork to accelerate our goal of removing manual interventions in various key bank processes , which will help us simultaneously reduce costs associated with manual processes , and improve our data quality which will support the innovation and fintech initiatives we have on our roadmap , '' said Steve Dunn , Head of Partnerships , Innovation & Fintech at SMBC .

2

3/3/2022

Partner

United Kingdom

1

4/13/2020

Vendor

Japan

Sumitomo Mitsui Banking Corporation Selects NTT Data Getronics and Accuity to Advance Payments Screening in Asia - Accuity

Franck Lanher , Vice President of Partnerships at Accuity said , `` Having worked with NTTDG on multiple joint customer projects , we are proud to have partnered once again to enhance Sumitomo Mitsui Banking Corporation 's payment and screening process .

1

1/30/2020

Vendor

United Kingdom

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10

8/20/2019

Vendor

United States

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10

Date

3/31/2022

3/3/2022

4/13/2020

1/30/2020

8/20/2019

Type

Vendor

Partner

Vendor

Vendor

Vendor

Business Partner

Country

United States

United Kingdom

Japan

United Kingdom

United States

News Snippet

09:00 EDT Unqork's Enterprise No-Code Platform Selected by SMBC to Power Its Digitization Efforts

`` It is our pleasure to partner with Unqork to accelerate our goal of removing manual interventions in various key bank processes , which will help us simultaneously reduce costs associated with manual processes , and improve our data quality which will support the innovation and fintech initiatives we have on our roadmap , '' said Steve Dunn , Head of Partnerships , Innovation & Fintech at SMBC .

Sumitomo Mitsui Banking Corporation Selects NTT Data Getronics and Accuity to Advance Payments Screening in Asia - Accuity

Franck Lanher , Vice President of Partnerships at Accuity said , `` Having worked with NTTDG on multiple joint customer projects , we are proud to have partnered once again to enhance Sumitomo Mitsui Banking Corporation 's payment and screening process .

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Sources

2

1

1

10

10

Sumitomo Mitsui Banking Corporation Team

12 Team Members

Sumitomo Mitsui Banking Corporation has 12 team members, including current President, Shigenobu Aikyo.

Name

Work History

Title

Status

Shigenobu Aikyo

President

Current

Yoshinori Kawamura

President

Current

Wataru Ohara

President

Current

Masayuki Oku

President

Current

Keiichi Ando

Senior Managing Director

Current

Name

Shigenobu Aikyo

Yoshinori Kawamura

Wataru Ohara

Masayuki Oku

Keiichi Ando

Work History

Title

President

President

President

President

Senior Managing Director

Status

Current

Current

Current

Current

Current

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