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JBIC
The , JBIC, is a Japanese public financial institution and export credit agency that was created on October 1, 1999, through the merger of the Japan Export-Import Bank (JEXIM) and the Overseas Economic Cooperation Fund (OECF). JBIC became the international wing of the (administered by the Ministry of Finance) established on October 1, 2008. It became independent again from JFC on April 1, 2012. The bank is wholly owned by the Japanese government, and its budget and operations are regulated by the JBIC law. It is headquartered in Tokyo and operates in 18 countries with 21 offices. The main purpose of the institution is to promote economic cooperation between Japan and overseas countries by providing resources to foreign investments and by fostering international commerce. It has a major role in promoting Japanese exports and imports, and the country's activities overseas. The bank's presence can be seen both in developed and developing countries. It tries to contribute to the st ...
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Japan Finance Corporation
, is a public corporation that provides financial services in Japan and internationally. Its headquarters are located in Tokyo, Japan. Overview JFC is a policy based financial institution whose co-function is the provision of business loans to SMEs and business start-ups; and educational loans to individuals for school entrance fees and related expenses. All these are with the aim of complement financial activities carried out by privately owned financial institutions as well as improve the living standards of the Japanese people. The company has 152 branch offices in Japan, 2 representative offices overseas, and a workforce of 7,364 employees. History Japan Finance Corporation was founded on 1 October 2008 with the passing of the Japan Finance Corporation Act. This Act led to the merger of four policy-based financing institutions i.e.: * The National Life Finance Corporation (NLFC) * The Agriculture, Forestry and Fisheries Finance Corporation (AFC) * The Japan Finan ...
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