The Financial Services Agency will utilize a special system aimed at supporting small and medium-sized enterprises affected by the new coronavirus, and will provide a total of 14 billion yen to four credit unions in Niigata, Saitama, Toyama, and Aichi prefectures. announced that they would invest public funds.
The Financial Services Agency has decided to inject public funds
into ▽Habataki Credit Union, which has its head office in Niigata City,
▽``Kumagaya Shoko Credit Union,'' whose head office is in Kumagaya City, Saitama Prefecture, and
▽It has its head office in Toyama City. ``Toyama Prefecture Credit Union''
and
▽``Toyohashi Shoko Credit Union'' whose main office is in Toyohashi City, Aichi Prefecture.
The central organization, the National Federation of Credit Cooperatives, is working to strengthen the financial foundations of each credit union, while also strengthening its financial functions due to the need to strengthen support for small and medium-sized enterprises affected by the coronavirus. We had applied to the Financial Services Agency for the injection of public funds based on the law.
In response, the Financial Services Agency has decided to utilize a special system aimed at supporting small and medium-sized enterprises affected by the new coronavirus, and will inject a total of 14 billion yen in public funds next month through a central organization. I decided.
The injection of public funds using a special system aimed at supporting small and medium-sized enterprises affected by the new coronavirus will go to Kirayaka Bank, whose head office is in Yamagata City, and its parent company, Jimoto Holdings, a regional bank group. This is the second example.