Representation of Japanese bank opens in UB city

Ulaanbaatar /MONTSAME/ The representative office of Japanese Sumitomo Mitsui Banking Corporation /SMBC/ opened Wednesday in the UB city. A permission to do so was given by the Mongol Bank last August. Addressing the opening, a director of the branch Mr Hajime Uchida assured the Mongolians that said their side will do the best to provide clients with internationally-recognized financial products and services. The SMBC is one of the 20 biggest banks in the world, operates branch offices in 20 countries.