OREANDA-NEWS. The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is pleased to announce that BTMU has opened its Colombo Representative Office in Democratic Socialist Republic of Sri Lanka. BTMU is the first Japanese bank to open the banking office in Sri Lanka.

Sri Lanka, located south of India, has been rapidly developing in recent years. It is located across the strategic sea lane which connects Asia with the Middle East and Africa. Currently, foreign investments for Sri Lanka are expected to grow with rising demands for infrastructure construction and flourishing tourism under safer domestic circumstances.

Through this new representative office in Colombo, BTMU will continue to further enhance its financial solutions and offerings to better meet the needs of its customers operating in or trading with Sri Lanka by making the most of its extensive network, which is the largest among Japanese banks.