Guarantee for Loans by Private Financial Institutions for Importing Aircraft
Contributing to Stable Imports of Aircraft
- Region: North America
- Marine and Aerospace
- Import Loans
The Japan Bank for International Cooperation (JBIC, Governor: Tadashi Maeda) signed today a guarantee agreement (total principal covered by guarantee: JPY10.8 billion) with private financial institutions*1
for the principal and interest of their loans to Japan Airlines Co., Ltd. (JAL).
This guarantee is intended to support JAL in obtaining financing from private financial institutions to import aircraft from The Boeing Company in the U.S. Thus it will contribute to maintaining and improving the international competitiveness of the Japanese aviation industry.
As Japan's policy-based financial institution, JBIC will continue to provide financial support for the import of aircraft that are indispensable for the lives of the people in Japan.
MUFG Bank, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, The Bank of Kyoto, Ltd., and The Chiba Bank, Ltd.