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

Loan for Special Steel Treatment Business in Indonesia by Japanese Company
Supporting Overseas Business Deployment of Japanese SMEs

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

April 25, 2014
  1. The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Watanabe) signed today a loan agreement totaling USD3.15 million (JBIC portion) with UMETOKU Inc (UMETOKU; Headquarters: Osaka Prefecture; President: Masahiko Fukushima). The loan is cofinanced with Sumitomo Mitsui Banking Corporation, with the overall cofinancing amount reaching the equivalent of USD4.5 million.
     
  2. This loan will fund UMETOKU for establishing its Indonesian subsidiary PT. UMETOKU INDONESIA (UTIDE) that mostly engages in heat and surface treatment of special steels.
     
  3. UMETOKU is a mid-tier enterprise established in 1947 as a specialized trading company dealing with special steels. Today the company conducts special steel processing business, including heat and surface treatment, in addition to their wholesale business, thus meeting broad needs of its customers. UMETOKU set up UTIDE in March 2014 to respond to needs from the customers in Indonesia where demand for its products and services is expected to expand from the automobile and its related industries and plans to increase its overseas market share. The loan will support such overseas business deployment of UMETOKU and 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 overseas business deployment of Japanese companies, including mid-tier enterprises and small and medium-sized enterprises (SMEs), by drawing on its various financial facilities and schemes for structuring projects, and performing its risk-assuming function.

Related Information

Search press releases

Fiscal Years
Sectors
Region
Finance Menu