JBIC is pushing forward for the future of Japan and the world
The 2023 amendment to the Act expands the framework in which JBIC supports Japanese companies with global operations. In addition to a detailed explanation of the key points, an interview and a dialogue will introduce the background to the social changes behind the amendments and the vision for the future that JBIC is aiming for.
- Continuous Evolution of
JBIC’s Role
JBIC’s Operational Reform Looking to the Future HASHIYAMA Shigeto (Executive Managing Director of JBIC)
The JBIC Act Amendment
Points the Way to Embracing
New Challenges KOYAMA Ken (The Institute of Energy Economics, Japan)
SEKINE Hiroki (Managing Executive Officer of JBIC)
2023 JBIC Act Amendment:
Three Key Points
A partial amendment was made to the Japan Bank for International Cooperation Act (JBIC Act) in April 2023. There are three key points to the amendment. Frameworks for various forms of support were newly established in order to bolster the competitiveness of Japan’s companies and industries amid the rapidly changing global landscape.
POINT❶ Enhancement of supply chain resilience to contribute toward maintaining and improving the international competitiveness of Japanese industries Amid the growing importance of supply chains in the global economy, JBIC can now provide loans to foreign companies that serve important roles for Japanese industry. 
POINT❷ Assistance to Japanese companies, including startups, in further taking risks It is now possible for JBIC to acquire bonds and invest in domestic startups and other companies engaging in business overseas. And the scope of Special Operations, without certainty of repayment for each project, has been expanded. The aim is to encourage risk-taking by private sector companies. 
POINT❸ Participation in international support for the recovery of Ukraine “Loans by international institutions” have been added to the scope of loan guarantees, whereby JBIC can support the recovery of Ukraine, in line with Japanese government policy. 
2023 SPECIAL ISSUE
2023 AMENDMENT
TO THE JBIC ACT JBIC is pushing forward for
the future of Japan and the world
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