With over 300 years of experience, Sumitomo Mitsui Banking Corporation (SMBC) is a leading financial institution in Japan. They have an extensive domestic and international branch network, and are known for their ability to quickly implement new strategies. SMBC is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group and offers services in banking, leasing, securities, credit cards, investment, mortgage securitization, venture capital, and other credit-related businesses. As of 2009, SMBC was the second largest bank in Japan in terms of assets.