SMBC

Japan’s SMBC, Singapore’s Singtel Innov8 invest in file-automation firm fileAI

Singapore's fileAI, the developer of file automation software fileForge, has secured investments from the corporate venture arms of Japan's SMBC and Singapore's Singtel Group, though the parties did not disclose other details.

Danantara Investment Management, SMBC Aviation Capital, Mandiri Investment Management team up for Indonesia’s first aviation leasing fund

Danantara Investment Management, SMBC Aviation Capital, and Mandiri Investment Management announced Wednesday the framework agreement for the development of Mandiri Aviation Leasing Fund, Indonesia's first dedicated aviation leasing investment platform. The initial portfolio value of the fund is around $800 million.

FinDev Canada, SMBC, BII, EFA, JICA commit $350M to VPBank to advance sustainable development in Vietnam

Canada's bilateral Development Finance Institution, FinDev Canada, alongside Sumitomo Mitsui Banking Corporation (SMBC), and partner Development Finance Institutions (DFIs) and bilateral agencies, including British International Investment (BII), Export Finance Australia (EFA), and Japan International Cooperation Agency (JICA), have announced the successful…

Japan’s SMFG appoints Mazhari as groupwide AI transformation advisor; jointly launch Agentic AI venture in Singapore

Japanese multinational financial services group Sumitomo Mitsui Financial Group, Inc. (SMBC Group) announced Tuesday it will appoint Ahmed Jamil Mazhari to lead transformation initiatives aimed at accelerating group-wide artificial intelligence (AI) strategy and integration.

Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC

Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo Mitsui Banking Corporation (SMBC).