Roles of Financial Institutions and Credit Guarantees in Regional Revitalization in Japan by Nobuyoshi Yamori & Yoshihiro Asai & Masao Ojima & Kei Tomimura & Koji Yoneda

Author:Nobuyoshi Yamori & Yoshihiro Asai & Masao Ojima & Kei Tomimura & Koji Yoneda
Language: eng
Format: epub
ISBN: 9789813296794
Publisher: Springer Singapore

After more than one year of deliberations, in December 2016, the Financial WG issued a report titled “Establishing a Sustainable Credit Enhancement System to Support the Development of Business of SMEs and Micro Enterprises.” The “Support the Development of Business” portion of the title reflected the Financial WG members’ hopes for reform.

The introduction of the Financial WG report stated, “It is important to provide sufficient credit through the credit enhancement system.” The report pointed out the importance of the credit guarantee system for SME financing and stated that the objective of the report was to deliberate regarding policies for “promoting the business development of SMEs and contributing to greater productivity and regional revitalization while minimizing side effects.” This indicates that the key to these guarantee system reforms was the enhancement of functions for providing support to SMEs and that credit guarantee corporations were expected to play major roles in providing this support.

Based on the “efforts based on life stages” and “credit guarantee corporation operation” parts of the report, this section explains specifically what the report expects with regard to enhancements of credit guarantee corporations’ function.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.