ANNOUNCEMENT 16 Jul 2015In July 2015, the government of Japan announced a change in private-sector financial support.
NUMBER OF INTERVENTIONS
The Japan Bank for International Cooperation press release: Credit Line for Hokuriku Bank. Available at: http://www.jbic.go.jp/en/information/press/press-2015/0716-40248
On 16 July 2015 the Japan Bank for International Cooperation (JBIC) signed a credit line agreement with Japanese Hokuriku Bank, Ltd. amounting to a maximum USD 30 million. The credit line is intended to provide mid- and long-term loans to Japanese mid-tier enterprises and SMEs' overseas business deployment in developing countries.
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.