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 Processing and Sales Business of Metal Scraps by Japanese Company in Thailand:
Supporting Overseas Business Deployment of Japanese SMEs with Local Currency Financing

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

November 7, 2014
  1. The Japan Bank for International Cooperation (JBIC; Governor: Hiroshi Watanabe) signed today a loan agreement totaling up to THB70 million (JBIC portion) with HIDAKA SUZUTOKU (Thailand) Co., LTD. (HST), a Thai affiliate of SUZUTOKU HOLDINGS Co., LTD. (SUZUTOKU HD; Headquarters: Tokyo; President: Kiyoshi Ito). The loan is cofinanced with The Chiba Bank, Ltd.
     
  2. This loan is intended to fund the purchase of facilities and equipment required for the processing and sales business of recycling metal scraps to be conducted by HST in Chonburi Province, Thailand.
     
  3. SUZUTOKU HD is a small and medium-sized enterprise (SME) set up as a holding company supervising its group companies engaged in the processing and sales of metal scraps. In 2014, SUZUTOKU HD established HST which is a joint venture with Hidaka Holdings (2008) Co., Ltd., a Thai local company conducting the same business, as a processing and sales base of metal scraps in Thailand. Backed by robust economic growth, demand for automobiles and household appliances will continue to grow vigorously in Thailand. Thus, metal scraps generated in factories can be secured stably, and demand for steel produced by using metal straps is expected to increase. Therefore, SUZUTOKU HD intends to expand its business in Thailand through HST. By supporting the overseas business deployment of SUZUTOKU HD, this loan will 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 SMEs, in growing markets such as Thailand, by drawing on its various financial facilities and schemes, including loans to meet the needs of local currency funds, for structuring projects, and performing its risk-assuming function.

Related Information

Search press releases

Fiscal Years
Sectors
Region
Finance Menu