# Mizuho becomes First Japanese Bank to Adopt SAP Multi-Bank Connectivity Solution

- Link: https://www.thailand-business-news.com/pr-news/mizuho-becomes-first-japanese-bank-to-adopt-sap-multi-bank-connectivity-solution
- Published: 2026-06-02T14:00:00+07:00
- Author: PR Newswire

_Strengthening Mizuho’s position as a leading transaction bank through SAP Multi-
Bank Connectivity_

SINGAPORE, June 2, 2026 /PRNewswire/ — Mizuho Bank, Ltd., the banking arm of Mizuho
Financial Group, Inc. (NYSE: MFG), one of the largest full-service financial institutions
in the world, announced a strategic alliance with SAP (NYSE: SAP), a global leader
in enterprise applications and business AI, to become the first Japanese bank to
adopt SAP Multi-Bank Connectivity.

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SAP Multi-Bank Connectivity enables corporates to connect with multiple banks through
a single, standardized channel, streamlining connectivity across diverse banking
relationships. As a member bank, Mizuho will be directly accessible to corporates
already connected to SAP Multi-Bank Connectivity, enabling immediate and seamless
integration. This partnership positions Mizuho in the expanding ecosystem of global
corporates, advancing embedded banking capabilities and fostering efficiency and
seamless connectivity.

**Koichi Zaiki, Senior Managing Executive Officer, CEO for Asia Pacific, Mizuho 
Bank**, said, "As the first Japanese bank with SAP Multi-Bank Connectivity, we are
enhancing our ability to serve corporate clients through a more streamlined and 
standardized connectivity. This initiative enables corporates to integrate with 
Mizuho seamlessly within their existing treasury ecosystems – supporting greater
flexibility, faster onboarding and increased agility in managing day-to-day treasury
operations."

"Our agreement with SAP underscores Mizuho’s commitment to innovation and represents
an important step in our progression toward embedded finance", said **Ashutosh Kumar,
Head of Transaction banking for Asia Pacific, Mizuho Bank**. "It strengthens how
we deliver value to clients and reinforces our position as a forward-looking transaction
banking partner of choice across Asia Pacific."

**Verena Siow, Regional Business Suite Leader for SAP Asia Pacific, **said, "Mizuho’s
adoption of SAP Multi-Bank Connectivity marks a significant step forward in how 
it supports its customers’ day-to-day operations. By enabling straight-through payment
processing, and providing real-time visibility and automated data flows, this solution
allows Mizuho to help organizations manage liquidity more effectively and stay agile
in today’s highly interconnected and evolving financial landscape. We are proud 
to partner with Mizuho Bank on this journey, strengthening its capabilities and 
expanding its impact across Asia Pacific."

With SAP customers generating 84% of total global commerce, Mizuho’s adoption of
SAP Multi-Bank Connectivity marks a significant step in enhancing its global transaction
banking capabilities. As corporates increasingly seek bank-agnostic, efficient and
secure connectivity solutions, the alliance positions Mizuho to better support clients
operating across multiple markets and banking relationships.

**About Mizuho Financial GroupMizuho Financial Group, Inc. is one of the largest,
full-service financial institutions in the world, with approximately 65,000 employees,
over 150 years of banking experience, and assets of approximately JPY 226 trillion
on a consolidated basis. We have a global network encompassing financial and business
centers in over 120 countries around the world, in addition to a nationwide network
and one of the largest customer bases in Japan.

Rooted in some of the largest, most influential financial institutions in Japanese
history, Mizuho has been an important part of our clients’ growth for more than 
a century. Our financial strength, expertise, client focused values, and unwavering
support makes Mizuho a trusted banking partner.

As a full-service financial group, we combine extensive industry and local market
expertise, a broad geographic presence, and a comprehensive range of financing and
advisory solutions. Our services include corporate, syndicated and project finance,
and cover loan and debt capital markets, that address both industry and client needs.

**About SAP**
As a global leader in enterprise applications and business AI, SAP(
NYSE:SAP) stands at the nexus of business and technology. For over 50 years, organizations
have trusted SAP to bring out their best by uniting business-critical operations
spanning finance, procurement, HR, supply chain, and customer experience. For more
information, visit [www.sap.com](http://www.sap.com/)_._

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SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see [https://www.sap.com/copyright](https://www.sap.com/copyright) for additional trademark information and notices.

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