The government officially decided on the 23rd to change the rules, such as allowing government-affiliated financial institutions to lend alone, in order to support the financing of large and medium-sized companies that have been hit by the new coronavirus. I did.
The government has decided to change the rules to make it easier for government-affiliated financial institutions Development Bank of Japan and The Shoko Chukin Bank to provide "crisis response loans" to help companies that have been hit by the new corona. I decided.
According to this, government-affiliated financial institutions have been required to "co-finance" with private financial institutions in principle, but in the future, they will be able to lend independently.
In addition, for loans to the restaurant and accommodation industries, which have a particularly large impact, the government will extend the scope of interest replenishment to large companies to reduce the burden of repayment.
We also request government-affiliated financial institutions to strengthen their systems in order to reduce the time it takes to review loans.
Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting, "We would like to make every possible effort to support food and beverage and accommodation businesses that employ a large number of non-regular employees by steadily implementing financial support." It was.