MUFG Bank (Malaysia) Berhad (Malaysia)

MUFG Bank (Malaysia) Berhad (the Bank) set up its first representative office as Bank of Tokyo, Ltd (Malaysia Branch) in October 1957 and subsequently obtained its banking license in June 1959, making it the first Japanese bank to provide a full range of banking services. On 1 June 1994, Bank of Tokyo (Malaysia) Berhad was locally incorporated, took over the banking operations from the Bank of Tokyo, Ltd on 1 July 1994, and became a fully owned subsidiary of its parent bank in Tokyo. On 1 April 1996, The Bank of Tokyo, Ltd. and the Mitsubishi Bank Limited merged in Japan on an equal-term basis to form the Bank of Tokyo-Mitsubishi, Ltd. The reflect the merger, the Bank's name was changed then to Bank of Tokyo-Mitsubishi (Malaysia) Berhad. In October 2005, the Mitsubishi UFJ Financial Group (MUFG) was formed through the integration of Mitsubishi Tokyo Financial Group (MTFG) and the UFJ Group, uniting the Bank of Tokyo-Mitsubishi, Ltd., Mitsubishi UFJ Trust & Banking Corporation and Mitsubishi UFJ Securities under a single financial holding company. Consequently, The Bank of Tokyo-Mitsubishi UFJ Ltd was established on 1 January 2006 from the merger of Bank of Tokyo-Mitsubishi Ltd and UFJ Bank, marking the birth of the largest bank in the world terms of total assets. On the same day, Bank of Tokyo-Mitsubishi (Malaysia) Berhad was renamed to Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad (BTMU (M) ). Effective on 2 April 2018, the Bank is now known as MUFG Bank (Malaysia) Berhad. In July 2012, the Bank opened its first branch in Penang. The Penang branch caters for the fast growing economy in the northern region of Peninsula Malaysia and continues to extend better quality service to the new and existing customers. The immediate and ultimate holding companies of the Bank are The Bank of Tokyo-Mitsubishi UFJ Ltd., and Mitsubishi UFJ Financial Group, Inc., respectively. Both companies are incorporated in Japan.