BTMU is the largest Bank in Japan established on January 1st 2006 with the merger of Bank of Tokyo Mitsubishi Ltd and UFJ Bank Ltd., It has a strong client base among leading Japanese Corporates. This development facilitates investment by Japanese companies into Sri Lanka,an official said. The Bank said there are more than 100 Japanese Corporates that have been investing in Sri Lanka and more investments are expected.

A Memorandum of Understanding was signed by the Bank Tokyo Mitsubishi on 18.08.2014 with the Board of Investment of Sri Lanka.

Under this Memorandum of Understanding the Bank said that it would promote Japanese investments in Sri Lanka and foster business partnerships between Sri Lankan and Japanese entrepreneurs.

Furthermore, BOI agreed to collaborate with BTMU in hosting seminars to inform Japanese companies of FDI opportunities in Sri Lanka, communicate with BTMU on upcoming projects and especially to attract industrial investments in Sri Lanka. Several BOI seminars have been held in Japan.

BTMU in return agreed to steer Japanese companies to seminars held by the BOI and to introduce Japanese investors on a personal level and facilitate meetings between the two countries especially between investors and prospective projects. This has also been done by the Bank.