Political and economic stability, port availability, human resources, infrastructure are some of the primary reasons why Tamil Nadu has become a hub for south east asian companies.
S. BALASUBRAMANIAN, DGM, THE BANK OF TOKYO MITSUBISHI UFJ, LTD.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. is the largest bank in Japan. MUFJ was established on January 1, 2006, following the merger of the Bank of Tokyo-Mitsubishi, Ltd. and UFJ Bank Ltd. The bank serves as the core retail, corporate, and investment banking arm of the Mitsubishi UFJ Financial Group. As on March 2014, MUFJ has a capital stock of 1,711,958 million yen.
Mitsubishi UFJ Financial Group (MUFG) is one of the world’s largest and most diversified financial groups with total assets of JPY258.1 trillion as of March 2014.
Bank of Tokyo-Mitsubishi has been successfully functioning in Chennai for the last 16 years. Due to the large presence of Japanese industries in Tamil Nadu, Bank of Tokyo-Mitsubishi has become the preferred bank for more than 600 Japanese companies operating in the state of Tamil Nadu.
In view of this, Bank of Tokyo-Mitsubishi has evinced interest to strenghten the economic partnership with Tamil Nadu. Hence, a Memorandum of Understanding (MoU) between Guidance Bureau under Industries department, Government of Tamil Nadu and bank of Tokyo-Mitsubishi is proposed to be signed during Tamil Nadu GIM-2015.Watch video
10 Reasons to Choose Tamil Nadu