Examining a mechanism to support small and medium-sized enterprises through investment Shinkin Central Bank May 21 2:43
Shinkin Central Bank, the nationwide organization of Shinkin banks, has decided to consider a mechanism to support not only loans to SMEs affected by the new coronavirus but also investment.
Shinkin Chukin Bank's President Hiroyuki Shibata interviewed in Tokyo on the 20th and said that the influence of the new coronavirus may spread not only to the decline in sales of inns, restaurants, service industries, etc., but also to the manufacturing industry etc. He showed severe recognition.
In addition, he said, `` Credit unions in various regions are financing smoothly, but that alone does not solve it, '' he said that he is considering not only financing but also a mechanism to support companies by investment. did.
We aim to stabilize the management by not only lending to SMEs that need to be repaid but also by making investments, and we want to decide on a system within the next month.
On the other hand, regarding Shinbun Central Bank's own business outlook for the current fiscal year, due to the influence of the new coronavirus, the financial market may continue to be unstable, so we will reduce the operation of securities that fluctuate widely and We expect profits to fall by about 25%.