As the President of MUFG Bank (Europe), I would like to thank all of you for your patronage, support and cooperation in 2017, and wish you all the best for 2018.
The past 12 months has seen a great deal of growth; the reorganization of our Polish subsidiary took place as part of the process of transforming to a more global group. We also moved to a new office after many years at our previous address.
The environment in which we operate will continue to challenge us geopolitically, throughout EMEA in 2018. Brexit will remain high on our agendas, creating a considerable impact on the financial services sector in Europe, and we also anticipate continued growth in regulatory demands. Anticipating these external changes, MUFG Bank (Europe) will continue to transform alongside MUFG with its re-imaging strategy, announced in May 2017.
As client needs become increasingly diversified and sophisticated, structural changes and expansion of cross-border trade flows worldwide demand that we upgrade our services to meet client needs.
To accomplish this, we must leverage our preeminent global network and comprehensive portfolio of financial services by ensuring collaboration across the group, among our commercial banking base in Asia and the United States and other entities, including our trust bank and securities businesses.
Our vision is to be the world's most trusted financial group, and we aim to provide a consistent, high level of quality that exceeds our customers' expectations.
We strive to fulfil the expectations of all our clients and support the economy, as well as contributing to the societies in which we operate. We look forward to becoming the world’s most trusted financial group.
Managing Director, President