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It was a rare major Japanese commercial bank unaffiliated with either a keiretsu group or a sogo shosha trading company. [1] TKB merged with Mitsui Bank in 1990 to form Mitsui Taiyo Kobe Bank (MTKB), renamed the Sakura Bank in April 1992, itself a predecessor entity of Sumitomo Mitsui Banking Corporation (SMBC).
The Sakura Bank (さくら銀行, Sakura Ginkō) was a Japanese bank with dual headquarters in Tokyo and Kobe. It was formed in April 1990 as the Mitsui Taiyo Kobe Bank (MTKB) by the merger of Mitsui Bank (founded 1876) and Taiyo Kobe Bank (founded 1973). The Sakura Bank name was adopted in April 1992.
Mitsui Bank agreed to merge with Taiyo Kobe Bank in 1989. At the time (in the midst of the Japanese asset price bubble), the merger was to create the second largest bank in the world behind Dai-Ichi Kangyo Bank. While TKB had a strong base of individual and small business customers, Mitsui had a complementary base of larger institutional clients.
SMBC has been an early adopter of AI in its banking operation. It is the first Japanese bank to use IBM Watson since 2014 to support operators at its call center. [8] AmiVoice, a voice recognition solution provided by SMBC, transforms inquiries into text on a real-time basis as a speech recognition system, while IBM Watson gives customers responses taken from service manuals and Q&As, thereby ...
Hibiya Mitsui Building (1960), headquarters of the Sumitomo Mitsui Financial Group from its formation until 2010 (and before that, head office of Mitsui Bank); later demolished and replaced with the Tokyo Midtown Hibiya development SMBC East Tower, Tokyo, part of the SMBC Group head office complex in Otemachi Shin-Marunouchi Building facing Tokyo Station, hosting the head office of SMBC Nikko ...
The Bank of Tokyo; Mitsubishi Bank; UFJ Holdings / UFJ Bank (2002) Sanwa Bank (1933) Sanjūyon Bank; Yamaguchi Bank; Kōnoike Bank; Tōkai Bank (1941) Aichi Bank; Nagoya Bank; Itō Bank; Sumitomo Mitsui Banking Corporation (2002) The Sumitomo Bank; Sakura Bank (1990) Mitsui Bank; Taiyō-Kobe Bank (1973) Taiyō Bank; Bank of Kobe
Mitsui Bank, which following a merger with Taiyō-Kobe Bank in the mid-1980s became part of Sakura Bank, survives as part of the Sumitomo Mitsui Banking Corporation. During the early 20th century, Mitsui was one of the largest zaibatsu, operating in numerous fields. Mitsui Bank became the holding company of the Mitsui zaibatsu from 1876.
Mitsui Bank; N. Nippon Kangyo Bank; S ... Sanwa Bank; The Sumitomo Bank; T. Taiyo Kobe Bank; The Mitsubishi Trust and Banking Corporation; Tokai Bank; Tokyo Watanabe ...