Announcement of office changes in Canada
NEW YORK, NY, (October 11, 2022) – Mitsubishi UFJ Financial Group ( MUFG ) announced today the closure of the Vancouver and Montreal offices of MUFG Bank, Ltd., Canada Branch1 (“MUFG Bank Canada”) as of October 31, 2022. We do not expect any interruption in service for the impacted clients of MUFG Bank Canada, who will continue to be serviced by employees working remotely or through the Toronto office.
The decision to close the Vancouver and Montreal locations was made in line with one of the key strategies in MUFG’s current medium-term business plan, which includes streamlining office operations and optimizing the allocation of management resources on a global basis.
MUFG remains committed to serving our clients in Canada and worldwide through collaborative advice, innovative products, and strategic services.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english
1) MUFG Bank, Ltd., Canada Branch is an authorized foreign bank branch permitted to carry on business in Canada pursuant to the Bank Act (Canada). Deposits with MUFG Bank Canada are NOT insured by the Canada Deposit Insurance Corporation