Loan for a State-owned Oil Company in Brazil
Supporting Japanese companies' exports and business with overseas subsidiaries

  • Area: Latin America and the Caribbean
  • Machinery and Equipment

JBIC established credit lines with the Brazilian state-owned oil company Petróleo Brasileiro S.A. (PETROBRAS) to provide the necessary funds for PETROBRAS to purchase equipment and services from Japanese companies. Brazil is the largest country in Central and South America in terms of both population and GDP, and with the growing interest in Brazil among Japanese companies in recent years, export opportunities and business operations of local Japanese subsidiaries are expected to increase. This loan will contribute to maintaining and strengthening the international competitiveness of Japanese industries and the economic relationship between the two countries.

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