AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
On 30 March 2010, the Japan Bank for International Cooperation (JBIC) signed a USD 30 million loan agreement with Bangkok Bank Public Company Limited (Bangkok Bank). This loan will support Japanese companies' overseas affiliates and subsidiaries in Thailand by supplying long-term funds through Bangkok Bank.
In this context JBIC stated: 'Bangkok Bank has been collaborating with several Japanese regional banks to support overseas activities by Japanese affiliates and facilitate Japanese investments in Thailand, and this loan is expected to further enable Japanese affiliates conducting business operations.'
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.
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