Mitsubishi UFJ Financial Group announced that its core commercial banking subsidiary in India, The Bank of Tokyo-Mitsubishi UFJ, has changed its name to MUFG Bank as of 14 June 2018. The new nomenclature aligns with the MUFG Group brand and reflects the significant steps the group has taken to provide its customers with a broader and more integrated range of financial services. MUFG Bank’s president and CEO, Kanetsugu Mike, said the bank’s business has successfully expanded globally, thanks to the trust and enduring client relationships developed over decades. MUFG Bank serves more than half a million corporate customers in around 50 countries and is committed to supporting its customers’ growth by offering an extensive range of banking and investment products and services. The bank works in close collaboration with MUFG Group companies worldwide to deliver integrated solutions encompassing banking, trust banking, securities and leasing.
