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Sumitomo Mitsui Banking Corporation (SMBC) was established in 2001 though the merger of Sakura Bank and Sumitomo Bank, the core financial institutions of the Mitsui Group and the Sumitomo Group, respectively, each with its own long history. SMBC as a core member of Sumitomo Mitsui Financial Group (SMFG), work together with other members of the Group to offer customers highly sophisticated, comprehensive financial services globally.
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