JBIC PROFILE — Role and Function

The Mission of JBIC

Japan Bank for International Cooperation (JBIC) is a policy-based financial institution wholly owned by the Japanese government, which has the mission of contributing to the sound development of Japan and the international economy and society, by conducting financial operations in the following four fields, while having the objective of supplementing the financial transactions implemented by private sector financial institutions:

• Promoting the overseas development and securement of resources which are important for Japan
• Maintaining and improving the international competitiveness of Japanese industries
• Promoting the overseas business having the purpose of preserving the global environment, such as preventing global warming
• Preventing disruptions to international financial order or taking appropriate measures with respect to damages caused by such disruptions

Corporate Slogan

Corporate Philosophy

The objective of JBIC, as set forth in its statutory law, is to “contribute to the sound development of Japan and the international economy and society” by executing a variety of financial functions. To pursue this objective, we have set out the following corporate philosophy, which espouses three core values: “Hands-on Policy,” “Customer-1st Approach,” and “Forward-looking Action.”

Operational Principles

JBIC, as a policy-based financial institution and in accordance with the following principles, conducts speedy and well-focused operations based on policy needs in response to economic and financial situations in Japan and abroad.

1. 1

   Supplementing the financial transactions implemented by private-sector financial institutions

   To effectively perform the functions required for policy-based financing, JBIC shall take account of situations where private-sector financial institutions are placed in their international finance activities and supplement their operations.

2. 2

   Ensuring financial soundness and certainty of repayment

   Pursuant to the JBIC Act, JBIC shall make efforts to maintain the financial soundness of its operations, and when making financial decisions, to conduct adequate screening regarding the outlook for the recovery of funds.

3. 3

   Maintaining and improving international creditworthiness and confidence

   In order to conduct adequate operations and effective overseas funding operations, JBIC shall maintain and improve the international creditworthiness and confidence gained by JBIC over the years.

4. 4

   Conducting business operations by drawing on its expertise and initiatives

   JBIC shall conduct operations by drawing on its own expertise and initiatives on international finance.

Profile

* as of March 31, 2023

Overseas Network (as of December 1, 2023)

(as of December 1, 2023)

Key Operations

Export Loans

Loans for the export and sales of machinery, equipment, and technology by Japanese companies and their overseas affiliates. Export loans are available for overseas importers (purchasers) and foreign financial institutions.

Import Loans

Loans for the import of important goods such as natural resources by Japanese companies, and for resources procured and used by Japanese companies and their affiliates at locations overseas where they are conducting operations. Import loans are available for Japanese importers, Japanese companies and affiliates receiving resources overseas, and for overseas importers.

Overseas Investment Loans

Loans for Japanese foreign direct investments. Loans are available for Japanese companies (investors), and for overseas Japanese affiliates (including joint ventures) or foreign banks and governments providing loans to or investing in those companies.

Untied Loans

Loans to provide the capital required for projects undertaken by developing countries and for their imports of goods; for those countries to achieve a balance of payments equilibrium and stabilize their currency; and for the overseas operations of foreign companies (specified foreign corporations) that are part of the industry infrastructure or supply chains for important goods and technologies essential for Japan’s economic activities and the daily lives of its citizens.

Equity Participations

Capital contributions are made to companies operating overseas in which Japanese companies have equity stakes, to domestic startups and other companies newly developing operations overseas, and to funds where Japanese companies play central roles.

Guarantees

Support is also provided through JBIC’s guarantee facility, including for loans extended by private financial institutions, bonds issued by governments of developing countries and overseas Japanese affiliates, and currency swap transactions, as well as re-guarantee for guarantees provided by export credit agencies of other countries.