SBI Sumishin Net Bank is an Internet bank jointly established, as an innovative customer-oriented new bank, by SBI Holdings and The Sumitomo Trust Bank. Since the establishment in September 2007, we have been working to offer an "Internet full-banking business that provides easier-to-use and more competitive products and services than any of our competitors, 24 hours a day and 365 days a year".
As a result, both the number of customer accounts and deposit balance have grown steadily, surpassing 1 million (February 2011) and 1.6 trillion yen (May 2011), respectively. Also, the cumulative total of housing loans exceeded 800 billion yen in June 2011, owing to competitive interest rates and unique characteristics of our products.
A trend to seek for "more convenient and advantageous" conditions using the Internet will be further accelerated. In view of such customers´ needs, our businesses include various deposit transactions of yen and foreign currencies, FX trading, investment trusts and fund settlement services as well as loan transactions including the housing loan and the card loan and various other commodities and services, in an easy, speedy fashion to satisfy the customers´ convenience. We will continue to work to increase our product offerings and improve the convenience.
We are not bound to the existing frame of an Internet bank. We will offer, in coordination with the SBI Group and The Sumitomo Trust Bank, a wide variety of finance-related services in response to various needs of customers.
