AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The overseas investment loan agreement between JBIC and PT. SMFL Leasing Indonesia has a maximum value of USD 21 million. The Indonesian company is a subsidiary of Japanese Sumitomo Mitsui Finance and Leasing Company, Limited.
The loan will serve as a credit line for medium- and long-term lease financing for capital investment for subsidiaries in Indonesia invested in by Japanese SME through PT. SMFL Leasing Indonesia.
In this context, the Bank stated: "JBIC will continue to support overseas business deployment of Japanese companies, including SMEs, by drawing on its various financial facilities and schemes for structuring projects, and by performing its risk-assuming function."
Overseas investment loans
JBIC provides direct loans named overseas investment loans to Japanese companies, overseas affiliates or joint ventures where Japanese companies hold equity interests and governments or financial institutions partying with such overseas affiliates. Loans support projects in specific sectors or with a specific purpose of interest to Japan. Further information can be found on the Bank’s website under overseas investment loans.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.
⚑ Please report this page in case you detect an inaccuracy in its content.