Overview
The Bank provides integrated investment and loan services to domestic and international clients. A large number of the clients are Japanese companies requiring basic investments. DBJ provides most of them at low and flexible interest rates, and so the default rate is very low.History
* 1947 January: Establishment of Rehabilitation Finance Corporation * 1951 April: Development Bank of Law established. Consequently, Development Bank of Japan was formed * 1956 June: Hokkaidō-Tōhoku Development Finance Public Corporation was formed under establishment of Hokkaidō-Tōhoku Development Finance Public Corporation Law (HTDFC Law) * 1957 June: After amendment of HTDFC Law, Hokkaidō-Tōhoku Development Finance Public Corporation was merged into Development Bank of Japan * 1999 June: Amended Development Bank of Japan Law established * 1999 October: Transfer of approval of all rights and responsibilities of Japan Development Bank and Hokkaido-Tohoku Development Finance Public Corporation to the Development Bank of Japan * 2008 October: Dissolution of the existing Development Bank of Japan and establishment of a new corporation, the Development Bank of Japan Inc. *2017: Partnership announced with M&A advisory firm BDA Partners.Financial information (at the end of 2008)
Total Assets: 14.0174 trillion yen (or US$153.88 billion)References
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