The Master Trust Bank of Japan
The Master Trust Bank of Japan, Ltd. is a trust bank in Japan. It was founded in 2000 and claims to be the first trust bank in Japan to be exclusively engaged in asset administration business.
The company's shareholders are Mitsubishi UFJ Trust and Banking Corporation, Nippon Life Insurance, Meiji Yasuda Life Insurance and Norinchukin Trust & Banking Co.. Master Trust Bank is treated as a consolidated subsidiary of Mitsubishi UFJ Trust and Banking, and is by extension part of the Mitsubishi UFJ Financial Group.
It is one of the three main master trust service providers in Japan, alongside Trust & Custody Services Bank and Japan Trustee Services Bank.History
Master Trust Bank was founded in 2000 with investments from Mitsubishi Trust Bank, Nippon Life Insurance, Toyo Trust Bank, Meiji Life Insurance and Deutsche Bank. A month after its founding, it became the first Japanese asset administrator to offer online information reporting services.
