MUFG strengthens financial cooperation with Indonesian bank

Aug 01, 2019

Jakarta (Indonesia), Aug 01 (ANI): Economic growth in Indonesia is attracting international investments. Mitsubishi MUFG, Japan’s largest bank is expanding its overseas investment and its partnership with Bank Danamon represents another milestone for its strategic plans in Asia. This partnership is also a strong testament to the Bank’s optimism in Indonesia’s long-term prospects and commitment to the ongoing development of its banking sector. MUFG has over 360 years of history and a global network of around 3,000 locations in more than 50 markets. It has been in Indonesia for more than 50 years since the opening of its branch in 1968. MUFG’s partnership with Bank Danamon promises to usher a new era of collaboration and success between both the banks in the country. The two banks are strengthening their reach into the Indonesian financial sector through mutual cooperation. MUFG’s commitment is to support both development of banking industry, and Indonesian economic growth.