The Bank of Tokyo established its first representative office in the then-Malaya in 1957. The office obtained a banking license in 1959, making it the first Japanese bank to provide a full range of banking services in the country. In 1994, the Bank of Tokyo (Malaysia) Berhad office was locally incorporated and became a wholly owned subsidiary of The Bank of Tokyo in Japan. Following a few mergers and the creation of the Mitsubishi UFJ Financial Group (MUFG), our Berhad office was renamed Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad , or opened its first branch in Penang in July 2012.