Like wandering through the teeming and thriving Orchard Road lanes, you do your best to figure out the best Japanese bank in Singapore. Undoubtedly, it can be as exciting, overwhelming, and exceptionally wondrous as it is!
Prepare yourself as you’ll be taking a journey like no other, as you meet each bank from Japan, a unique shop offering many financing services. Don’t worry because you can navigate successfully in such a bustling monetary market and partner with the best and top Japanese bank in Merlion City.
Let’s start with this historically fascinating Japanese bank in Singapore. It’s quite a few, and you shouldn’t miss anything!
The “Senso-ji Temple” of the Japanese Bank in Singapore: Mitsubishi UFJ Trust and Banking Corporation
When it comes to allure, it’s parallel to the Senso-ji Temple. The Mitsubishi UFJ Trust and Banking Corporation is a Japanese bank in Singapore that steeped well in history yet remains relevant in these modern times.
The Mitsubishi UFJ Trust and Banking Corporation have not been a newcomer to the Singaporean banking industry since it was established in 1981. The bank is also called the “Trust Bank”. With its extensive years in the industry and from the foundation of great noblemen, the Iwasaki, people always refer to it as the comfort acquired by grilled Unagi.
When it comes to accolades, they have a fair share of it. In truth, the bank was awarded in 2019 for being the Best Bank in Japan. Suppose you’re a person who considers yourself a financially savvy Singaporean desiring to pursue wealth management services, loans, deposits, corporate marketing, exchange transactions, and more.
In that case, you’ll surely appreciate the Mitsubishi UFJ Trust and Banking Corporation. It’s the Japanese wholesale bank you deserve!
Fun Fact:
The Mitsubishi UFJ Trust and Banking Corporation supports arts and creativity and once held an art exhibition to honour and feature artists in its Tokyo headquarters.
Mizuho Bank: The Japanese Bank in Singapore’s Universal Studios
The Mizuho Bank presents a massive whirlwind ride of monetary services that will entice any banking enthusiast! The Japanese bank in Singapore made its significant presence there since setting foot in 1974.
Did you know that Mizuho Bank is a full bank?
“Full Banks” are authorised under and governed by Singapore’s Banking Act. It’ll include various banking services, such as:
- Savings and Checking Accounts
- Mortgages
- Loans
- Trade Finance
- Fund Transfers
- Cash Management
- Treasury
- Project Finance
- Investment Banking
In 2019, the bank won massive recognition as the Best Bank for CSR, which highlights its passionate advocacy than seeking profits alone.
Amusing Fact:
“A fresh ear of rice” means ” Mizuho ” in Japanese. It signifies the nod to the bank’s agricultural roots, possibly?
MUFG Bank: A Fusion of Tradition and Modernity like “Merlion Park”
Merlion Park is a beauty that significantly and beautifully unites tradition and modernity. It’s pretty similar to the MUFG Bank.
The incredible history of this Japanese bank in Singapore started in 1880, with the foundation of the Mitsubishi Bank by Iwasaki Yataro, a former samurai. He was also among the core members of the Mitsubishi Group of Companies.
Moment of its establishment in Singapore during the 1950s, and it was also considered among the Best Banks in Japan in 2018. The bank is recognised for its incredible suite of banking services, with personal loans being a favoured choice in Singapore.
Fun Fact:
The MUFG faces the future head-on and doesn’t only offer blockchain, fintech, and digital currencies for customers. In truth, it has NAO, the first robot bank teller that stands 58 centimetres. It can speak 19 languages and read emotions, which helps travellers immensely regarding currency exchange, banking questions, and money transfers!
Norinchukin Bank: The “Mount Fuji” of Trust and Stability in Singapore
Can a bank be founded by Japanese agricultural, forestry, and fishery cooperatives and within affiliated federations and other cooperative organisations?
Yes, of course! The perfect Japanese bank in Singapore that fits the description like a glove is the Norinchukin Bank. The bank has had a massive role in Japanese society since its establishment in 1923. It played a preeminent function in Japan’s economic growth before and after 2nd World War.
Then, the bank progressed further beyond Japan and planted its roots in Singapore in 1993. From that year forward, it stands firm and stable in Singapore’s economic vista as Mount Fuji does in the skylines of Japan.
For Singaporeans and the community who seeks out investment opportunities, it’s the best bank to go to.
Lesser-known Fact:
Did you know the bank’s name, “Norinchukin”, has an exciting meaning?
Yes, it does! The name translates to “Agriculture, Forestry, and Fisheries Savings.”
Sumitomo Mitsui Banking Corporation: The Steadfast Gardens by the Bay
A Japanese bank that’s known for being reliable and steadfast is the Sumitomo Mitsui Banking Corporation. It’s akin to the Gardens by the Bay since it opened its doors in Singapore during the early 1960s.
As a wholesale bank, SMBC Singapore presents a comprehensive range of solutions and is also a full commercial bank in SG. With over 60 years in Singapore’s banking industry, the bank promises to continue to reach growth and expansion for its valued customers within and throughout the region.
In 2020, it’s considered the Best Bank in Japan and a cherry on top.
Fun Fact:
Did you know that the bank’s logo is unique?
It’s an awesome corporate logo that you can see the “Rising Mark” symbol. The colour for the background is a traditional green and fresh green inner, with the name “SMBC” shown on the right side of the rising mark with the white block letters.
Bento Box of Personal Loans: An Alternative Path to Finance
Imagine you’re at a Japanese summer festival, and instead of having the famed takoyaki, you crave something completely different! Personal loans from Accredit, Singapore’s top licensed moneylender, come in.
It isn’t like your traditional bank loan. Oh no, it isn’t! But it grants variety and flexibility in financial products. The process is simplified, payment terms are flexible, and immediate approval; it’s the yakitori stick in the financial services of bento boxes – unconventional but so satisfying!
The Bullet Train of Financial Success
Do you love ramen after having such a long day? Surprisingly when you are finding the right bank brings assurance and comfort altogether.
Now that you’ve strolled through the Japanese bank in Singapore, akin to the delightful travels from Hokkaido’s lavender fields to Okinawa’s sunny beaches. As you’ve witnessed this exciting Hanami of banking benefits, which Japanese bank in Singapore would you prefer to choose for your incredible financial journey?
Or do you intend to partner with Accredit to spice up your finances?
Remember that when selecting the best bank, you will be like mastering the art of sushi making – it requires wisdom, patience, and experimentation here and there. But, with your choices, remember that each offer has a unique flavour that caters to your financial palate.
So, are you ready to ride the bullet train of financial success? Then hop on board now!