Sumitomo Mitsui Financial Group (NGO:8316) Commercial Business Loans (USD Mil) : 0.00 (As of . 20)

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What is Sumitomo Mitsui Financial Group Commercial Business Loans (USD Mil)?

Commercial Business Loans (USD Mil) is the amount of loans banks made to business entities. It’s a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures.

The historical rank and industry rank for Sumitomo Mitsui Financial Group's Commercial Business Loans (USD Mil) or its related term are showing as below:

Sumitomo Mitsui Financial Group Commercial Business Loans (USD Mil) Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Commercial Business Loans (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sumitomo Mitsui Financial Group Commercial Business Loans (USD Mil) Chart

Sumitomo Mitsui Financial Group (NGO:8316) Commercial Business Loans (USD Mil) Explanation

Commercial Business Loans (USD Mil) is a debt-based funding arrangement between a business and a bank, which is typically used to fund operating costs and capital expenditures. Companies usually have to provide financial statements to prove their ability to repay. Many commercial loans require collateral, such as property or equipment or sometimes account receivables.

Sumitomo Mitsui Financial Group Commercial Business Loans (USD Mil) Related Terms

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Sumitomo Mitsui Financial Group (NGO:8316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (NGO:8316) » Definitions » Commercial Business Loans (USD Mil)

Comparable Companies

Traded in Other Exchanges

SMFNF:USA SMFG:USA SMFG:Mexico 8316:Japan XMFA:Germany S1MF34:Brazil

Address

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.smfg.co.jp

Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, its market share of domestic loans was 7.1%, compared with 8.1% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

Sumitomo Mitsui Financial Group (NGO:8316) Headlines

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