HOME > BUSINESS > Article

Text Size

small

medium

large


Mitsubishi UFJ to Set Up Online Bank in FY 2026

Mitsubishi UFJ to Set Up Online Bank in FY 2026

Mitsubishi UFJ Financial Group's logo in Tokyo's Chiyoda Ward
Mitsubishi UFJ Financial Group's logo in Tokyo's Chiyoda Ward

   Tokyo, May 7 (Jiji Press)--Mitsubishi UFJ Financial Group Inc. will set up an online bank in fiscal 2026, which ends in March 2027, it was learned Wednesday.
   Amid intensifying competition in the banking sector for taking deposits as lending resources following the return of "a world with interest rates," the major Japanese financial group aims to lure younger customers heavily relying on smartphones, people familiar with the matter said.

To read a full story, please click here to find out how to subscribe.

HEADLINES

POLITICS
Japan Aims to Develop Ties with Vatican under New Pope Leo XIV: Govt Spokesman
ECONOMY
Nissan Abandons Plan to Build EV Battery Plant in Fukuoka, Southwestern Japan
SPORTS
MLB: Ohtani Hits 11th Home Run of Season in Dodgers' 5-3 Loss to Diamondbacks
OTHER
Gates Foundation to Donate $200 B. over Next 20 Years, Close Doors by 2045

AFP-JIJI PRESS NEWS JOURNAL


Photos