Predecessor The Bank of Tokyo-Mitsubishi UFJ, Ltd. Parent Mitsubishi UFJ Financial Group, Inc. It was established on January 1, 2006, following the merger of the Bank of Abn amro bank forex-Mitsubishi, Ltd. The bank serves as the core retail, corporate, and investment banking arm of the Mitsubishi UFJ Financial Group.
The bank has steadily increased its tier 1 capital ratios from 7. February 2012, and its credit ratings have been unaffected by developments in Europe. As of 31 October 2010, MUFG Bank was ranked by Bloomberg as the largest bank in Japan and the eighth largest in the world. The bank’s head office is in Marunouchi, Chiyoda, Tokyo, and it has 772 other offices in Japan and 76 offices overseas. MUFG Bank is the product of three bank mergers that occurred between 1996 and 2006. Mitsubishi Bank was founded in 1880 by a former samurai, Iwasaki Yatarō, and was a core member of the Mitsubishi Group of companies.