SMBC Bank EU AG, a wholly-owned German subsidiary of Sumitomo Mitsui Banking Corporation, does not recognise and firmly denies the story recently released on multiple news sites which refers to the launch of an online banking platform associated with a company called Zinsify.

No information, contact details or website addresses contained in the article are associated with SMBC Bank EU AG.

SMBC Bank EU AG has no knowledge of Zinsify. It has sent a cease-and-desist notice to the contact details available and continues to investigate.

-ENDS-

About SMBC Bank EU AG

SMBC Bank EU AG (SMBC EU or the “SMBC EU Group”) is a credit institution established in Frankfurt am Main, Germany, to support SMBC’s business activities in the European Economic Area (EEA). The SMBC EU Group is authorised by the European Central Bank (ECB) and supervised by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) since November 2018 and is the parent company of the SMBC EU Group.

Sumitomo Mitsui Banking Corporation is a core member of Sumitomo Mitsui Financial Group (SMBC Group), a Tokyo-based bank holding company that is ranked among the world’s largest banks.

The Europe, Middle East and Africa (EMEA) Division is an integral part of SMBC Group’s Global Business Unit. Through its combined entities, the EMEA Division delivers a universal banking platform and a full suite of corporate finance solutions to its customers. SMBC Group’s Corporate and Investment Banking platform offers a broad range of wholesale banking products and services in corporate, structured and trade finance, leveraged finance, loan capital markets, treasury, and asset financing and leasing. In addition, it provides investment banking and advisory services and a range of innovative solutions in global capital markets.

For media inquiries, please contact:

Emma Nash - Head of Communications and CSR

SMBC Group EMEA

emeamedia@gb.smbcgroup.com

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