MUFG Bank is one of the largest banksin Japan and is one of primary operating companies of Mitsubishi UFJ Financial Group(MUFG), a diversified financial group operating globally. MUFG's services include commercial banking,trust banking, securities, credit cards, consumer finance, asset management,leasing and many more fields of financial services.
MUFG Bank, Ltd. has Category B banking license number 88025 issued by the Cayman Islands Monetary Authority. This type of license allows MUFG Bank, Ltd. to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in place for MUFG Bank, Ltd.. It means that in the event of MUFG Bank, Ltd. failure its depositors will not receive any compensation or coverage.
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