Financial Services Agency and Bank of Japan confirm support from financial institutions for corporate support New Corona April 8 18:31
The FSA and the BOJ will hold a conference call on the 8th in response to the government's declaration of emergency to help financial institutions actively support companies that are having difficulty raising funds due to the spread of the new coronavirus infection. I confirmed that.
The impact of the spread of the new coronavirus is expected to be even greater in a variety of industries, including transport, tourism, and retail, as government self-declaration calls for emergency control.
For this reason, the FSA's Secretary Endo and the Bank of Japan's Deputy Governor Amemiya will hold a conference call on August 8, and financial institutions will be willing to lend aggressive loans and change borrowing conditions to support the cash flow of affected companies. I have confirmed that I will push to respond.
They also agreed that the current financial system was stable without credit uncertainty.
Meanwhile, the National Bankers Association also held a special board meeting on August 8, urging member banks to continue operating their stores and operating ATMs and automatic teller machines even when an emergency was declared.