MIAMI--(BUSINESS WIRE)--For the second consecutive year, Mitsubishi UFJ Financial Group, Inc. (MUFG) was selected as the Best Commodity Finance Bank in North America by Trade Finance at the news organization’s annual awards ceremony here on March 16.
One of the world's leading financial groups, MUFG also captured two Trade Finance 2017 Deal of the Year honors for the Americas region in recognition of the following transactions:
- The KECA-backed Loan for Lotte Chemical Corporation USA (U.S., $1.59 billion); and
- The Enercon Niagara 230-megawatt wind farm (Canada, $616.5 million)
“To be acknowledged by Trade Finance as North America’s best Commodity Finance Bank two years in a row is an impressive, and humbling, achievement for our entire team,” said Marcie Weiss, MUFG’s Head of Commodity Finance North America. “However, we know these accolades are only possible thanks to the trust and support we receive from clients. MUFG sincerely appreciates the opportunity to play a part in our clients’ growth and development.”
Trade Finance is a Euromoney news and analytics service focused on structured-trade and supply-chain finance.
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is a financial holding company and bank holding company with total assets of $148.1 billion at December 31, 2016. Its main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. As of December 31, 2016, MUFG Union Bank, N.A. operated 365 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as two international offices. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, private placements, collateralized financings, securities borrowing and lending transactions, and domestic and foreign debt and equities securities transactions. MUFG Americas Holdings Corporation is owned by The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Financial Group, Inc., one of the world’s leading financial groups. The Bank of Tokyo-Mitsubishi UFJ, Ltd. is a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc. Visit www.unionbank.com or www.mufgamericas.com for more information.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world's leading financial groups, with total assets of approximately $2.6 trillion (USD) as of December 31, 2016. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with more than 2,200 offices in nearly 50 countries. The Group has more than 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms. Through close partnerships among our operating companies, the Group aims to "be the world's most trusted financial group," flexibly responding 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 (MTU) stock exchanges. Visit www.mufg.jp/english/index.html.