Large increase in lending by government-affiliated financial institutions Reflecting financial difficulties of companies 13:38, June 13
For the companies affected by the new coronavirus, the number of loans made by the government-affiliated Japan Policy Finance Corporation last month increased by 1.5 times compared to the previous month, and it can be seen that more companies are facing difficult cash flow.
Among the government-affiliated financial institutions, the Japan Finance Corporation is the window for virtually no interest and unsecured lending for small business owners and small business owners, including freelancers, who are affected by the new coronavirus.
Including this loan, GHLC made a total of 192,800 loans last month, totaling 2,499.0 billion yen, about 1.5 times the previous month's level.
Similarly, government-affiliated commercial and industrial banks and the Development Bank of Japan are the contact points for "crisis response loans".
▽ CJIC's crisis response loan of 415.8 billion yen last month was about 2.8 times that of the previous month, and
▽ Development Bank of Japan reached 8869 billion yen, 14 times that of the previous month, and companies facing difficult cash flow. You can see that is increasing.
The support policy for companies affected by the new coronavirus was the government's second supplementary budget that was established on the 12th, and a low-payment loan and investment quota called "subordinated loan" was added.
These are not only financial support, but also measures for strengthening the financial base of companies, and how much government financial institutions can respond is an issue.