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 and Guarantee for Sales Financing Business of Automobiles in Taiwan
Supporting Overseas Business Deployment of Japanese Automobile Industry

  • Region: Asia
  • Manufacturing and Services
  • Overseas Investment Loans
  • Guarantees

September 28, 2015
  1. The Japan Bank for International Cooperation (JBIC; Governor, CEO: Hiroshi Watanabe) signed on September 25 a loan agreement amounting up to USD50 million (JBIC portion) with Hotai Finance Co., Ltd. (HFC), a company in Taiwan. The loan is cofinanced with The Keiyo Bank, Ltd., The Higashi-Nippon Bank, Ltd., The Chiba Bank, Ltd., The Shizuoka Bank, Ltd., The Shiga Bank, Ltd., The Ogaki Kyoritsu Bank, Ltd., and Mizuho Bank, Ltd., bringing the total cofinanced amount to USD100 million, with JBIC providing a partial guarantee on the cofinanced portion.
     
  2. This loan is intended to finance part of the necessary funds for the sales financing business of Toyota and Lexus brands automobiles by HFC in Taiwan.
     
  3. Taiwan's automobile market is growing backed with the country's steady economic growth, and continues to be an important market for Japanese automobile manufacturers that have a large presence there. In recent years, non-Japanese automobile manufacturers have been expanding their market shares in the Taiwanese automobile market, and the loan has become a strategically important tool for Japanese automobile manufactures in maintaining and expanding their market shares in Taiwan. This loan will financially support the overseas business deployment of such Japanese automobile manufactures, and thereby contribute to improving and strengthening the international competitiveness of the Japanese automobile industry by supporting the automobile sales financing business.
     
  4. As Japan's policy-based financial institution, JBIC will continue to support the overseas business deployment of Japanese companies by drawing on its various financial facilities and schemes for structuring projects, and by performing its risk-assuming function.

Search press releases

Fiscal Years
Sectors
Region
Finance Menu