MUFG Bank (Europe) N.V. confirms another profitable year and strong progress in the delivery of its current strategic plan in its annual report for the year ending 31 March 2025. The Bank continues to focus on growth and optimisation of its EU platform, enabling scale, efficiency and enhanced service, paired with a strong risk culture.
The report also includes the Bank's first sustainability statement, which details how the bank will meet its own objective to be simpler, stronger and more sustainable.
Harm Bots, Chief Executive Officer, MUFG Bank (Europe) N.V, said:
"We have entered into a growth phase with a more powerful and unified offering for our clients in the EU. We are building a 'hub and spoke model' with regional expertise and streamlined cross-border solutions. This is all supported by a collaborative, values-driven culture and a strong feeling of connection with the wider MUFG Group."
Wietze Reehoorn, Chair of the Supervisory Board, MUFG Bank (Europe) N.V., commented:
"The Bank has increased revenue through greater cross-selling and a switch to higher yielding assets. It has continued to strengthen its control framework and this has enabled a strategic pivot, allowing the bank to serve broader client segments with a wider spectrum of products including providing leveraged, project, and structured finance. This is significant as we seek to support our clients with energy transition."
The full MUFG Bank (Europe) N.V. annual report for the financial year ending 31 March 2025 can be read here.