MenuClose

  • JP
  • SearchClose
Home
About JBIC
About JBIC

This page introduces information on JBIC's role and organization.

Close

Support Menu
Support Menu

JBIC offers a range of financial products and other services to our clients.

Close

Business Areas
Business Areas

Information about JBIC's activities in each business area and its efforts for environmental conservation.

Close

Public Information
Public Information

Various reports compiled and contributed by JBIC

Close

Press Releases
Press Releases

Close

Investor Relations
Investor Relations

This page introduces information on JBIC's investor relations.

Close

Establishing Leading Investment to Future Environment(LIFE) Initiative

March 23, 2009 

JBIC is currently working out details of the US$1 billion trade finance initiative to be executed by JBIC, following its announcement by then Finance Minister and Minister of State for Financial Services and Economic and Fiscal Policy, Mr. Shoichi Nakagawa on February 14.

The trade finance facility aims to support financial institutions in developing countries, especially in, for facilitating trade finance by providing a total of US$1 billion for them. In financing with this facility, JBIC will have close cooperation with trade finance programs in the International Finance Corporation (IFC), a member of the World Bank Group, and the Asian Development Bank (ADB).

The global financial crisis has engendered substantial needs to help finance international trade. JBIC's support for trade finance in cooperation with the trade finance programs of IFC and ADB is expected to facilitate trade transactions in developing countries.

Separately, on October 30th, 2008, JBIC and other member institutions of the Asian EXIM Banks Forum jointly responded to the then unfolding global financial turmoil by signing the Sydney Consensus, pledging mutual cooperation at its 14th Annual Meeting.

JBIC is committed to addressing the current global financial crisis by drawing on a variety of financial tools, including the trade finance facility, as it performs one of its functions in the field of "responding to disruptions in financial order in the international economy."

Fiscal Years