SMBC, or Sumitomo Mitsui Banking Corporation, is a major financial institution based in Japan. It was established in 2001 through the merger of Sumitomo Bank and Mitsui Trust and Banking. SMBC offers a wide range of banking services, including corporate banking, retail banking, and investment banking, catering to both individual and business clients. The bank operates globally, with branches and subsidiaries in various countries, providing services such as loans, deposits, and asset management. SMBC is part of the Sumitomo Group, a large conglomerate with diverse business interests, further enhancing its financial capabilities and market reach.