Press Releases

Letter Sent to 160 Institutions to Urge Engagement with Three Japanese Banks Regarding Junta-linked Projects in Myanmar

Six civil society organizations that work on business and human rights sent a letter dated September 30, 2022 to 160 major investors in three major Japanese banks (MUFG Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank) that are investing or lending to projects that may benefit the Myanmar military, or that hold shares in Japanese companies that may be complicit in human rights violations in Myanmar.

Nine international banks invest over US$24 billion in companies linked to Myanmar regime and atrocities

Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, JPMorgan Chase, UBS, Credit Suisse, Morgan Stanley, Bank of America, Wells Fargo and BNP Paribas among the top banks investing in companies linked to the Myanmar military junta.