ANNOUNCEMENT 25 Feb 2016

The Japan Bank for International Cooperation signed on February 25, 2016, a general agreement with The Joyo Bank, Ltd. for a credit line of $20 million USD to support the overseas business deployment of mid-tier enterprises and small and medium-sized enterprises (SMEs). 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

General Agreement for Credit Line with Joyo Bank
https://www.jbic.go.jp/en/information/press/press-2015/0225-46667.html

Inception date: 25 Feb 2016 | Removal date: open ended

Financial assistance in foreign market

This credit line of $20 million USD is intended to provide medium and long-term funds in U.S. dollars to mid-tier enterprises and SMEs and their overseas subsidiaries through Joyo Bank, thereby supporting Japanese mid-tier enterprises and SMEs in funding their overseas business deployment in developing countries.

Joyo Bank: Ibaraki Prefecture-based Joyo Bank, has a wide range of business relationships with Japanese mid-tier enterprises and SMEs, and actively supports their overseas business development.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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