LOS ANGELES: Manufacturers Bank, a wholly owned subsidiary of SMBC Americas Holdings, changed its name to SMBC MANUBANK.
The new name reflects the bank’s strategic vision to transform and expand its commercial banking business, compete in the digital consumer bank space, and further align with SMBC Group.
“SMBC MANUBANK reinforces our commitment to invest and transform our business to be client-first, and meet our clients where they are, whether it is in person or online,” said Kazuhisa Miyagawa, SMBC MANUBANK Chairman and CEO.
“Our goal is to build long term client relationships by providing high-touch service, actionable insights and innovative solutions powered by first-class technology,” added Miyagawa.
SMBC MANUBANK also reflects the bank’s commitment to honor its roots and build strong client and community relationships across SMBC Group, and its aspiration to be a Gateway to Growth for clients, communities, and colleagues.
The commercial bank is implementing plans to transform by streamlining processes, investing in technology, and expanding its product offerings to support the bank’s growth initiatives.
The goal of these efforts is to bring innovative solutions that humanize banking and enhance the bank’s high-touch, high-engagement way of doing business.
Clients still have access to local decision makers, dedicated relationship managers, specialized expertise in diverse industries, and offices across California.
SMBC MANUBANK’s most recent innovation is Jenius Bank™, a digital division catering to U.S. consumers nationwide. Launched in mid-2023, Jenius Bank offers personal loans, savings accounts, and plans to introduce a mobile app in the coming months.
There is no change in bank ownership, management or operations associated with this name change.
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