Individual Agreement Based on Credit Line for Hokuriku Bank
Supporting Overseas Business Deployment of Mid-Tier Enterprises and SMEs in Collaboration with Regional Financial Institutions

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

 
March 22, 2016
  1. The Japan Bank for International Cooperation (JBIC; Governor, CEO: Hiroshi Watanabe) signed on March 17 a loan agreement based on a credit line*1 for supporting the overseas business deployment of Japanese mid-tier enterprises and small and medium-sized enterprises (SMEs) already signed with The Hokuriku Bank, Ltd.
     
  2. This loan agreement will provide funds necessary for the plastics production and sales business conducted by SANSHO VIETNAM CO., LTD., a Vietnamese subsidiary of SANSHO MEC CO., LTD. (Headquarters: Toyama prefecture).
     
  3. Loans under the credit line will flexibly provide, through a Japanese financial institution, long-term foreign currency funds required by the business operations of mid-tier enterprises and SMEs conducted in developing regions, thus supporting the overseas business deployment of Japanese mid-tier enterprises and SMEs. This will thereby contribute to maintaining and strengthening the international competitiveness of Japanese industries.
     
  4. As Japan's policy-based financial institution, JBIC will continue to support the overseas business deployment of Japanese mid-tier enterprises and SMEs in collaboration with regional financial institutions in Japan, with a view to maintaining and strengthening the international competitiveness of Japanese industries.
Note
  1. *1 See Press Release on July 16, 2015
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