IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Mar 2013 | Removal date: open ended
Still in force

Trade finance

On 1 March 2013, the Japan Bank for International Cooperation (JBIC) signed a memorandum of understanding (MOU) with RHB Bank Berhad (RHB) to support environment-related projects and overseas business deployment of Japanese companies in Malaysia and ASEAN countries.
The two banks will support industries that facilitate the overseas expansion of Japanese businesses. RHB has set up a Japan Desk, which only serves Japanese affiliates and subsidiaries.
 
The JBIC reported that 'the present MOU is expected to increase business opportunities of Japanese companies including SMEs in Malaysia and the ASEAN region'.
 
 
The JBIC is a public financial institution and export credit agency created on 1 October 1999 through the merger of the Japan Export-Import Bank and the Overseas Economic Cooperation Fund.
 

AFFECTED COUNTRIES

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