Add office photos
Employer?
Claim Account for FREE
Sumitomo Mitsui Banking Corporation
2.6
based on 100 Reviews
Company Overview
Company Locations
Working at Sumitomo Mitsui Banking Corporation
Company Summary
Sumitomo Mitsui Financial Group operates as a major banking entity in Japan, focusing on service integrity and respect in financial solutions across the Americas.
Overall Rating
2.6/5
based on 100 reviews
32% below
industry average
Critically rated for
Work satisfaction, Promotions, Skill development
Work Policy
Hybrid
87% employees reported
Monday to Friday
72% employees reported
Strict timing
70% employees reported
No travel
72% employees reported
View detailed work policy
Top Employees Benefits
Health insurance
7 employees reported
Job/Soft skill training
6 employees reported
Cafeteria
3 employees reported
Office cab/shuttle
2 employees reported
View all benefits
About Sumitomo Mitsui Banking Corporation
Founded in2001 (24 yrs old)
India Employee Count201-500
Global Employee Count5k-10k
HeadquartersNew York, USA
Office Locations
--
Websitesmbcgroup.com
Primary Industry
Other Industries
--
Are you managing Sumitomo Mitsui Banking Corporation's employer brand? To edit company information,
claim this page for free
Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. In the Americas, we are more than 3,000 employees strong with a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Built upon a foundation that leverages the perspective of more than 400 years of history, our Japanese heritage affirms a sense of honor and commitment that is increasingly rare in the financial world. Our deeply-held values of service, respect, and integrity are present in everything we do.
Managing your company's employer brand?
Claim this Company Page for FREE
Sumitomo Mitsui Banking Corporation Ratings
based on 100 reviews
Overall Rating
2.6/5
How AmbitionBox ratings work?
5
20
4
15
3
19
2
16
1
30
Category Ratings
3.4
Job security
2.8
Salary
2.6
Work-life balance
2.5
Company culture
2.5
Skill development
2.4
Promotions
2.2
Work satisfaction
Sumitomo Mitsui Banking Corporation is rated 2.6 out of 5 stars on AmbitionBox, based on 100 company reviews.This rating reflects a below average employee experience, indicating poor satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Sumitomo Mitsui Banking Corporation
based on 92 reviews
3.0
Rated by 31 Women
Rated 3.6 for Job security and 3.2 for Skill development
2.5
Rated by 61 Men
Rated 3.3 for Job security and 2.9 for Salary
Work Policy at Sumitomo Mitsui Banking Corporation
based on 16 reviews in last 6 months
Hybrid
87%
Work from office
13%
Sumitomo Mitsui Banking Corporation Reviews
Top mentions in Sumitomo Mitsui Banking Corporation Reviews
+ 4 more
Compare Sumitomo Mitsui Banking Corporation with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 2.6/5 based on 100 reviews | 3.8/5 based on 6.7k reviews | 3.7/5 based on 4.5k reviews | 3.9/5 based on 6.4k reviews |
Highly Rated for | No highly rated category | Work-life balance Job security | Salary | Job security Skill development Salary |
Critically Rated for | Work satisfaction Promotions Skill development | Promotions Skill development | Promotions Skill development Work satisfaction | Promotions |
Primary Work Policy | Hybrid 87% employees reported | Hybrid 84% employees reported | Hybrid 90% employees reported | Hybrid 60% employees reported |
Rating by Women Employees | 3.0 Average rated by 31 women | 3.9 Good rated by 2.1k women | 3.6 Good rated by 1.5k women | 3.8 Good rated by 2.2k women |
Rating by Men Employees | 2.5 Poor rated by 61 men | 3.8 Good rated by 4.4k men | 3.7 Good rated by 2.8k men | 4.0 Good rated by 3.9k men |
Job security | 3.4 Average | 3.9 Good | 3.6 Good | 4.0 Good |
View more
Sumitomo Mitsui Banking Corporation Salaries
Sumitomo Mitsui Banking Corporation salaries have received with an average score of 2.8 out of 5 by 100 employees.
Assistant Vice President
(69 salaries)
Unlock
₹12 L/yr - ₹35 L/yr
Senior Officer
(50 salaries)
Unlock
₹5 L/yr - ₹9 L/yr
Analyst
(40 salaries)
Unlock
₹3.5 L/yr - ₹11 L/yr
Officer
(22 salaries)
Unlock
₹3.5 L/yr - ₹5.6 L/yr
Senior Analyst
(20 salaries)
Unlock
₹6.5 L/yr - ₹12.5 L/yr
AVP
(17 salaries)
Unlock
₹17 L/yr - ₹33.3 L/yr
Director
(12 salaries)
Unlock
₹41 L/yr - ₹90 L/yr
Associate Vice President
(9 salaries)
Unlock
₹18.5 L/yr - ₹29.4 L/yr
Assistant Vice President Operations
(8 salaries)
Unlock
₹12 L/yr - ₹25 L/yr
Credit Analyst
(7 salaries)
Unlock
₹12.5 L/yr - ₹25.8 L/yr
Sumitomo Mitsui Banking Corporation Jobs
Popular Designations Sumitomo Mitsui Banking Corporation Hires for
Corporate Banking Relationship Manager
Create job alerts
Analyst
Create job alerts
Relationship Manager
Create job alerts
Popular Skills Sumitomo Mitsui Banking Corporation Hires for
Current Openings
Sumitomo Mitsui Banking Corporation News
View all
Piramal Finance secures $265 million in foreign borrowing
- Piramal Finance has secured $265 million in foreign borrowing.
- The facility attracted participation from four major international banks: First Abu Dhabi Bank, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation, and HSBC.
- The company has fully hedged the borrowing to protect against currency and interest rate fluctuations.
- The funds will support expansion of lending operations, particularly targeting affordable housing and financial inclusion initiatives in Tier-2 and 3 cities.
HinduBusinessLine | 3 Apr, 2025
Japan’s Second Largest Bank Set to Launch Stablecoin with Ava Labs
- SMBC is collaborating with Ava Labs and Fireblocks to develop a stablecoin.
- Testing of the stablecoin is planned to begin in the second half of 2025, with a potential launch set for early 2026.
- Japan has taken proactive steps to regulate stablecoins, ensuring a secure and regulated environment.
- The development of stablecoins in both Japan and the United States could impact the industry globally.
Coindoo | 3 Apr, 2025
Sustainable Finance Awards 2025: North America
- Sustainable bond issuance volume in North America for 2024 was $124 billion, with the US accounting for approximately 80% of issuance.
- The new administration of President Donald Trump pulled the US out of the Paris Agreement in January 2025, impacting climate policies.
- Moody’s Ratings expects sustainable bond issuance in North America to be impacted by the US climate agenda changes but not collapse.
- Bank of America (BofA) was recognized as the Best Bank for Sustainable Finance and Best Impact Investing Solution for its projects supporting sustainable finance.
- SMBC won Sustainable Finance Deal of the Year and Best Bank for ESG-Related Loans for its involvement in Dow Chemical Company's green bond issuance.
- Scotiabank received multiple honors, including Best Bank for Sustainable Infrastructure/Project Finance, Best Bank for Social Bonds, and Best Bank for Sustainability Transparency.
- CIBC was awarded Best Bank for Green Bonds and Best Bank for Sustaining Communities for its green finance initiatives and community support efforts.
- These banks played key roles in various sustainable finance categories, contributing to the development and growth of sustainable finance in North America.
- Bank of America, SMBC, Scotiabank, and CIBC were among the top winners at the Sustainable Finance Awards 2025 in North America.
- Their efforts in sustainable finance, impact investing, green bonds, social bonds, and community support were highlighted and praised in the awards.
Global Finance Magazine | 4 Mar, 2025
PE players flock to HFC space on higher growth potential
- Private equity players are increasingly showing interest in housing finance companies (HFCs) and affordable housing.
- Notable investments include Warburg Pincus acquiring a stake in Shriram Housing Finance, Vastu HFC raising funds from Prosus, and Easy Home Finance securing funding from Claypond Capital and Sumitomo Mitsui Banking Corporation.
- TPG Global and Adani Group have also made significant deals in the HFC space.
- The housing finance industry in India is expected to grow from ₹32-33 lakh crore to ₹50 lakh crore in the next 4-5 years, driven by government initiatives and structural factors.
HinduBusinessLine | 2 Jan, 2025
Atome Financial Secures US$200 Million Credit Facility
- Atome Financial, a Singapore-based company providing buy-now-pay-later (BNPL), insurance, cards, and lending services, has secured a US$200 million syndicated credit facility.
- The facility was led by HSBC and involved participation from DBS Bank, Sumitomo Mitsui Banking Corporation, and Baiduri Bank.
- The funding will support the expansion of Atome Financial's lending products and 'Pay Later Anywhere' card across key Southeast Asian markets.
- The company reported strong financial performance, with operating income nearly doubling to US$170 million and Gross Merchandise Volume (GMV) increasing by 40% to US$1.5 billion in 2023.
Fintechnews | 20 Nov, 2024
Easy Home Finance raises $35M in Series B round
- Easy Home Finance, a tech-led mortgage startup, has raised $35 million in a Series B funding round.
- The funding round was led by Claypond Capital and Sumitomo Mitsui Banking Corporation’s Asia Rising Fund.
- The company plans to use the funding to expand its network to over 150 locations across India and grow its assets under management to over $300 million.
- Easy Home Finance aims to digitize and simplify the home loan process, making it more accessible for everyone.
Yourstory | 6 Nov, 2024
Easy Home Finance raises $35 million in funding led by Ranjan Pai’s Claypond Capital
- Mumbai-based home financing firm Easy Home Finance has raised $35 million in a Series B funding round led by Claypond Capital, the family investment office of Ranjan Pai.
- The funding round also included participation from Sumitomo Mitsui Banking Corporation's Asia Rising Fund and existing investors.
- Easy Home Finance aims to increase its assets under management (AUM) to $300 million and expand its operational reach to more than 150 locations across India.
- The firm has integrated technology into its mortgage services to deliver quick and seamless loan disbursals, targeting middle-income customers in the peripheries of major cities.
ISN | 6 Nov, 2024
Easy Home Finance raises $35 Mn from Ranjan Pai’s Claypond Capital, others
- Easy Home Finance has raised $35 million in a funding round led by Claypond Capital and Sumitomo Mitsui Banking Corporation.
- Existing investors also participated in the round, bringing the total capital raised to over $100 million.
- The company aims to expand its assets under management to $300 million and extend its operational network to over 150 locations across India.
- Easy Home Finance focuses on home loan disbursement and related services and has facilitated over Rs 500 crore in loans.
Entrackr | 6 Nov, 2024
Powered by
Sumitomo Mitsui Banking Corporation Perks & Benefits
Sumitomo Mitsui Banking Corporation Offices
Compare Sumitomo Mitsui Banking Corporation with
American Express
4.1
State Street Corporation
3.7
UBS
3.9
BNP Paribas
3.8
Morgan Stanley
3.6
FactSet
3.9
Aon
3.8
Morningstar
3.9
Synchrony
4.3
Ocwen Financial Solutions
4.1
Northern Trust Operating Services
3.9
TMF Group
3.7
Manappuram Home Finance
3.9
Travelex
3.7
ICE Data Services
3.2
Dealmoney Securities
3.4
Go-Jek
3.7
DTCC
4.2
De Lage Landen Financial Services
4.5
Micro Finance
3.7
Edit your company information by claiming this page
Contribute & help others!
You can choose to be anonymous
Companies Similar to Sumitomo Mitsui Banking Corporation
Wells Fargo
Financial Services
3.8
• 6.7k reviews
JPMorgan Chase & Co.
Financial Services
3.9
• 6.4k reviews
Citicorp
Financial Services, Banking
3.7
• 4.5k reviews
American Express
Financial Services, Retail, Travel & Tourism / Hospitality
4.1
• 3.2k reviews
State Street Corporation
Financial Services, Internet
3.7
• 3k reviews
UBS
Financial Services
3.9
• 2.9k reviews
BNP Paribas
Financial Services
3.8
• 1.6k reviews
Morgan Stanley
Financial Services
3.6
• 1.6k reviews
Morningstar
Financial Services, Internet, Analytics & KPO
3.9
• 1.1k reviews
Synchrony
Financial Services
4.3
• 1.1k reviews
Sumitomo Mitsui Banking Corporation FAQs
When was Sumitomo Mitsui Banking Corporation founded?
Sumitomo Mitsui Banking Corporation was founded in 2001. The company has been operating for 24 years primarily in the Financial Services sector.
Where is the Sumitomo Mitsui Banking Corporation headquarters located?
Sumitomo Mitsui Banking Corporation is headquartered in New York.
How many employees does Sumitomo Mitsui Banking Corporation have in India?
Sumitomo Mitsui Banking Corporation currently has more than 300+ employees in India. BFSI, Investments & Trading department appears to have the highest employee count in Sumitomo Mitsui Banking Corporation based on the number of reviews submitted on AmbitionBox.
Does Sumitomo Mitsui Banking Corporation have good work-life balance?
Sumitomo Mitsui Banking Corporation has a work-life balance rating of 2.6 out of 5 based on 100+ employee reviews on AmbitionBox. 65% employees rated Sumitomo Mitsui Banking Corporation 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Sumitomo Mitsui Banking Corporation work-life balance reviews for more details
Is Sumitomo Mitsui Banking Corporation good for career growth?
Career growth at Sumitomo Mitsui Banking Corporation is rated as poor, with a promotions and appraisal rating of 2.4. 65% employees rated Sumitomo Mitsui Banking Corporation 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Sumitomo Mitsui Banking Corporation reviews for more detailed insights.
What are the cons of working in Sumitomo Mitsui Banking Corporation?
Working at Sumitomo Mitsui Banking Corporation does have some drawbacks that potential employees should consider. The company is poorly rated for work satisfaction, promotions / appraisal and skill development, based on 100+ employee reviews on AmbitionBox.
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
75 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.
Follow us
