Loan for Manufacturing and Sales of Automobile Seat Parts
Supporting the Overseas Business Deployment of SMEs in Collaboration with a Japanese Regional Bank

  • Area: Asia
  • Manufacturing and Services
  • Mid-Tier Enterprises and Small and Medium-Sized Enterprises(SMEs)

JBIC signed a loan agreement with Matsumoto Industry Co., Ltd. (“Matsumoto Kogyo”), one of the SMEs in Kitakyushu City to finance the manufacturing and sales project of automobile seat parts by Matsumoto Kogyo through Hubei Matsumoto Auto Parts Co. Ltd., a subsidiary of Matsumoto Kogyo in Xiangyang, Hubei, China. This is the first loan signed under the business cooperative agreement between JBIC and The Bank of Fukuoka, Ltd. in August 2011 for a local SME, and the total amount of the co-financing is 80 million yen.

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