MUFG Bank is looking for opportunities to make further acquisitions or investments in Asia and elsewhere, according to the new head of the lending unit at Japan¡¯s largest banking group.
Nonbank financial companies are potential targets, banking unit Chief Executive Officer Masakazu Osawa said, not ruling out further forays even as MUFG completes its acquisition of a 20% stake in an Indian consumer lender.
The firm sealed the 396.2 billion rupee ($4.3 billion) deal with Shriram Finance?earlier this month, touted as the largest cross-border investment in India¡¯s financial services sector.
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