Strong request from financial institutions to respond flexibly, including repayment delay Minister Aso March 16 22:50
Given that the spread of the new coronavirus will increase the funding of small and medium-sized businesses by the end of the fiscal year, Deputy Prime Minister Aso and the Finance Minister have responded flexibly to changes in lending conditions to private and governmental financial institutions. I asked for it.
On the evening of the 16th, Deputy Prime Minister Aso and Finance Minister met with the Japan Bankers Association Chairman Makoto Takashima and the Japan Finance Corporation, Governor Kazuho Tanaka at the Ministry of Finance.
Minister Aso stated, "I am worried about the cash flow. We strongly urged us to respond flexibly to such issues.
According to the Financial Services Agency, more than 200 inquiries have been received from small and medium-sized enterprises, etc., over the past week, indicating that they have not received sufficient loans or modifications.
After the meeting, Minister Aso told reporters, "I will monitor the response of the financial institution to make sure it is working properly," and reiterated the policy of strictly checking whether the financial institution is responding properly.