Supporting the reorganization of regional financial institutions New system Supporting the regional economy Finance Minister November 13, 20:15
At a press conference, Deputy Prime Minister and Finance Minister Aso acknowledged that the new system introduced by the government to support the reorganization of regional financial institutions would provide financial support to the regional economy. It was.
In order to support the reorganization of regional financial institutions, which continue to face a difficult business environment due to the effects of ultra-low interest rates and the new coronavirus, the government plans to establish a new system to support some of the expenses for business integration.
Regarding this, Deputy Prime Minister and Finance Minister Aso said at a press conference, "Management integration is a management decision of each financial institution, and I have no intention of saying this, but I have to contribute to the region by strengthening the management base. It doesn't make sense. It's one of the ways to support it, "he said, recognizing that the new system would provide financial support to the local economy.
On top of that, he said, "Now, there are various discussions within the council and the ruling party. There are opinions such as further deregulation," and we will consider deregulation for regional financial institutions in line with the introduction of the system. I showed my thoughts.