MUFG Bank and JCB sign ASEAN strategic alliance MOU

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Go back to MUFG Bank and JCB sign ASEAN strategic alliance MOU

MUFG Bank and JCB Sign MOU for Comprehensive Strategic Alliance in ASEAN

July 6, 2026 12:32 AM EDT

TOKYO, Jul 6, 2026 - (JCN Newswire) - - JCB Co., Ltd. (Headquarters: Minato-ku, Tokyo; Chairman & Chief Executive Officer: Takayoshi Futae; hereinafter: JCB), Japan's only international payment brand, and MUFG Bank, Ltd. (President & CEO: Masakazu Osawa), a consolidated subsidiary of Mitsubishi UFJ Financial Group, Inc. (President & Group CEO: Junichi Hanzawa; hereinafter "MUFG"), have entered into a Memorandum of Understanding (MOU) regarding a comprehensive strategic alliance in the ASEAN region.

This alliance aims to leverage our complementary strengths by utilizing both companies' customer bases and financial and payment networks to jointly drive business expansion and create new value across... More