ANNOUNCEMENT 08 Jun 2015In June 2015, the government of Japan announced a change in its trade finance instruments.
NUMBER OF INTERVENTIONS
On 8 June 2015, the Japan Bank for International Cooperation (JBIC) issued a press release titled "Loan for Automobile Parts Manufacturing and Sales Business of Japanese Company in Indonesia", to support the business deployment of Japanese SMEs in Indonesia.
Based on the agreement with PT. ROKI INDONESIA (ROKIID), a subsidiary of ROKI Holdings Co. Ltd., JBIC will provide USD 17.5 million loan to support ROKI Indonesia's automobile parts production and improve the facilities of the factory.
Note: Japan Bank for International Cooperation (JBIC) is a fully governmental owned financial institution, supporting trade and oversea business activities of the Japanese firms.