MUFG BANK, LTD

MUFG Bank, Ltd. is the core commercial banking subsidiary of Mitsubishi UFJ Financial Group, Inc. (TSE: 8306; NYSE: MUFG) and is Japan’s largest bank by assets, operating a broad network across Asia-Pacific, the Americas, and EMEA. Headquartered in Tokyo, the bank in its current form dates to the 2006 merger of The Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Limited, and it adopted the MUFG Bank name in 2018. It is authorized under Japan’s Banking Act and supervised by the Financial Services Agency and the Bank of Japan; yen-denominated deposits at domestic branches are generally protected by the Japan Deposit Insurance Corporation up to ¥10 million in principal plus interest per depositor per institution, with full protection for non-interest-bearing payment and settlement deposits, while foreign-currency deposits are not covered. MUFG Bank provides retail and corporate banking, cash management, trade finance, foreign exchange, project and structured finance, syndicated lending, and transaction services, delivered through domestic branches, overseas branches, and subsidiaries; product availability, fees, and documentation requirements vary by jurisdiction. Group reporting follows IFRS, and capital and liquidity are managed in line with Basel III, with details available in MUFG’s annual and Pillar 3 disclosures. In the United States, the bank exited most consumer and small-business banking after the sale of MUFG Union Bank’s core regional operations to U.S. Bancorp in December 2022, while retaining select wholesale and institutional activities; significant operations continue in markets such as Singapore, Hong Kong, the United Kingdom, and Thailand under local regulatory regimes. The bank has been subject to historical regulatory actions in certain jurisdictions related to sanctions screening and anti–money laundering controls, resulting in monetary penalties and remediation measures. Prospective clients should review local account terms, ATM and transfer fees, foreign remittance charges and FX spreads, service language options, digital banking capabilities, and applicable deposit protection rules for the specific branch or subsidiary where services are obtained.