Banks open on Saturdays and Sundays also respond to corporate cash flow February 29 13:12
As the spread of the new coronavirus affects the economic activities, some financial institutions are responding to corporate cash flow by opening a window on Saturdays and Sundays and providing temporary telephone consultations.
Musashino Bank, which has its head office in Saitama Prefecture, has set up a business consultation desk for new coronavirus companies at all of its more than 100 bases since 13th of this month.
Of these, a store in Urawa-ku, Saitama, which usually operates for individual customers, prepares materials on loan support measures established by Saitama Prefecture for companies with decreased sales and consults with companies. I am.
This means that the bank has already been consulted by about 300 companies, including manufacturers, hotels and restaurants.
Mr. Takutoshi Sugaya, director of the Musashino Bank Urawa Nishiguchi branch office, said, "I'd like to see the president who is busy on weekdays also consulting on Saturdays and Sundays because the impact on the company is likely to spread further in the future."
Regarding the financing of SMEs, the government-affiliated financial institutions, the Japan Finance Corporation, the Commerce and Industry Chukin Bank, and the Federation of National Credit Guarantee Associations have also set up emergency consultation desks on the weekend.
The telephone numbers of the Japan Finance Corporation are 0120-112476 for small businesses, 0120-327790 for small and medium enterprises, and 0120-926478 for agriculture, forestry and fishermen. Commerce and industry money is 0120-542-711. The National Credit Guarantee Association Federation is 03-6223-1200. The service hours are 9am to 5pm.