MUFG Bank
MUFG Bank, Ltd. is the core banking subsidiary of Mitsubishi UFJ Financial Group (MUFG). It was created on January 1, 2006, from the merger of The Bank of Tokyo-Mitsubishi and UFJ Bank. It was initially named Bank of Tokyo-Mitsubishi UFJ (BTMU) and rebranded as MUFG Bank in July 2018.
As one of Japan’s three megabanks, along with Sumitomo Mitsui Banking Corporation and Mizuho Bank, MUFG Bank has long been a leading financial institution in the country. In 2019 it was the largest bank in Japan by assets and among the largest in the world. The bank’s head office is in Marunouchi, Chiyoda, Tokyo, and it operates hundreds of branches in Japan and dozens of overseas offices.
MUFG Bank is a large financial group. In 2020 it reported revenue of about $46.8 billion, operating income around $6.25 billion, and net income near $2.7 billion, with assets around $2.7 trillion in 2025. It employed more than 32,000 people in 2020.
The bank holds a significant stake in Morgan Stanley, owning about 23.3% of the U.S. firm, and it works with Morgan Stanley’s securities arm to offer integrated bank-and-securities services for corporate clients and M&A transactions.
In December 2025, MUFG announced plans to acquire a 20% equity stake in India’s Shriram Finance for about $4.3 billion, subject to regulatory approvals. Shriram Finance would become an equity-method affiliate of MUFG.
MUFG Bank remains the flagship bank of MUFG, a leading global financial group.
This page was last edited on 3 February 2026, at 13:20 (CET).