Private banks also support corporate financing by JBA President emphasized April 1 at 6:41
One of the biggest challenges of the banking industry today is to support the financing of companies affected by the spread of the new coronavirus. On March 1, Mitsubishi UFJ Bank, Chairman of the Bankers Association of Japan, said Mr. Mike and President, Bank of Japan, emphasized the idea that private banks as well as government-affiliated financial institutions would support the project.
NHK interviewed Mr. Mike, president of the National Bankers Association. We believe it is our social mission to continue to support our business partners and society in order to overcome difficult times. "
He added, `` It is time for private financial institutions to play a role while the government is taking action to mitigate the impact on the economy, '' and emphasized the idea that private banks along with government-affiliated financial institutions will also assist. .
On the other hand, Mr. Mike said, `` Since the Lehman Shock, Japanese financial institutions have a strong equity capital and the ratio of non-performing loans is at a very low level, '' said the Japanese bank's financial base and sound corporate support. Has been recognized.