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Bank of Tokyo- Mitsubishi UFJ moves to BFH.

Byline: Manama

Bank of Tokyo-Mitsubishi UFJ (BTMU), the commercial banking division of Mitsubishi UFJ Financial Group (MUFG), has commenced operations at Bahrain Financial Harbour (BFH), the kingdom's prestigious $3 billion integrated 'financial city'.

Approximately 10 months ago BTMU signed a lease agreement with Bahrain Financial Harbour Holding Company (BFHHC) to occupy the entire 26th floor of the West Tower of BFH's Financial Centre, covering an area of over 1000 sqm.

"BTMU's decision to relocate to BFH not only enriches the financial environment at BFH but it simultaneously emphasizes the high esteem to which the Financial Centre is held internationally, as a world class environment for international finance," said Eric Fotiadis, chief development and coordination officer, BFHHC.

"Our decision to position ourselves at this prestigious location confirms our ambitions to ensure our extensive selection of financial products and services are readily available to businesses, governments across the region," added Sakata, regional head for the Middle East, BTMU.

MUFG is Japan's largest financial services company measured by assets. Headquartered in Tokyo, BTMU has over 790 branches across Japan alone and also has offices in more than 40 countries worldwide spanning Asia, America, Europe, Middle East and Africa.- TradeArabia News Service

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Publication:TradeArabia (Manama, Bahrain)
Date:Sep 14, 2009
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