Japanese mid-tier enterprises (MTEs) and small and medium-sized enterprises (SMEs) are proactively expanding their business overseas with an aim to increasing business opportunities by meeting demand in foreign markets, while responding to the needs of large Japanese companies for local procurement in their global supply chain.
To adapt to the diversifying needs of Japanese MTEs and SMEs, JBIC provides them with not only funding support, but also other various assistance including distribution of information about overseas investment environment and strengthening of partnership with related parties in a project host country by signing a memorandum of understanding with its government agencies and local financial institutions.
JBIC's Business Activity for MTEs and SMEs
See page 10 of JBIC Today
For details about JBIC's key challenges and efforts in the MTEs and SMEs, please see Industry Finance Group.
Cooperation with Japanese Regional Financial Institutions and Local Banks in Overseas Countries
JBIC has signed memoranda of understandings (MOUs) with Japanese regional financial institutions for business cooperation to support Japanese MTEs and SMEs by exchanging information about the overseas business activities of Japanese companies and the investment environment of foreign countries as well as by co-financing Japanese MTEs and SMEs with plans to expand into overseas markets. JBIC has also concluded MOUs with local banks in overseas countries for cooperation in helping Japanese MTEs and SMEs to expand their business into local markets with support from Japanese regional financial institutions. A number of Japanese regional financial institutions have already participated in the cooperative frameworks established by these MOUs. Below is a list of local banks and governments in developing countries which have signed MOUs with JBIC for business cooperation.
Local Financial Institutions and Governments of Developing Countries which Signed MOUs and Participating Japanese Regional Financial Institutions
|Country||Local financial institutions / governments||MOU
|Number of participating
|Thailand||KASIKORNBANK Public Company Limited||May 2011||28|
|Indonesia||PT. Bank Negara Indonesia (Persero) Tbk||July 2011||33|
|India||State Bank of India||August 2012||45|
|The Philippines||BDO Unibank, Inc. (BDO)||March 2013||7|
|The Philippines||Metropolitan Bank and Trust Company (Metrobank)||March 2013||45|
|Vietnam||Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)||July 2013||5|
|Vietnam||Joint Stock Commercial Bank for Foreign Trade of Vietnam||August 2013||45|
|Mexico||The State of Aguascalientes||October 2015||68|
|Mexico||The State of Jalisco||November 2015||68|
|Mexico||The State of Guanajuato||February 2016||67|
|Mexico||BANCO NACIONAL DE MÉXICO, S.A., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX (Banamex)||February 2016||57|
|Mexico||The State of Nuevo León||March 2016||67|