Global Strategies of the Japanese Mega Bank BTMU toward Asian Countries

Abstract

In Japan, with declining birth rate and aging population, the domestic market has been shrinking in recent years. As a result, Japanese companies are increasing their operations in foreign countries, and the banks have started to support these Japanese companies aggressively. Especially, Mitsubishi UFJ Financial Group (MUFG) has actively provided various supports to Japanese companies expanding their businesses into foreign countries. China and India have been experiencing higher economic growth in Asia. After recent financial crises precipitated by the Lehman Brothers bankruptcy in 2008, more and more Japanese companies tend to consider setting up their businesses in India than it used to be. This study aims to discuss how the Bank of Tokyo-Mitsubishi UFJ, Ltd (BTMU) and its group subsidiaries provide sophisticated information and financial services for Japanese customers who want to expand their businesses in Asian countries, especially in India.