Application for corporate loan surpasses Lehman shock Japan Policy Finance Corporation June 25, 18:31
Japan Government Finance Corporation, a government-affiliated financial institution, has applied for 590,000 loans from companies affected by the new coronavirus so far, and the impact of the Lehman shock has spread over the past year. It was revealed that it exceeded the number of cases.
Japan Finance Corporation serves as a window for virtually no interest and unsecured loans to companies affected by the new coronavirus.
At the financial conference held on the 25th, AFC announced that the government has begun to deal with companies affected by the new coronavirus, and the number of applications for loans up to the 21st of this month has reached 590,000 since late January. Revealed.
The number of applications has almost doubled from the fiscal 2018 level, surpassing the 500,000 level in the fiscal 2009 level when the impact of the Lehman shock spread.
In addition, we have decided to make a loan of 480,000 yen, which is 79% of the application amounting to 8 trillion yen, and we are proceeding with the procedure for the rest of the application.
According to the AFC, a new customer came to apply, and at one point it was crowded enough to queue up at the branch, and it took time to loan, so now an employee applying online and supporting the store It means that we are also arranging to strengthen our response.
Kazuho Tanaka, Governor of the Japan Finance Corporation, said, "Although the loan application is still three to four times the usual level, we can handle it in the future. Since it is an unprecedented crisis, we will do our best to support financing. ".