Japan Bank for International Cooperation (JBIC) is a Japanese public financial institution and export credit agency. The bank is wholly owned by the Japanese government. The main purpose of the institution is to promote economic cooperation between Japan and oversea countries, by providing resources to foreign investments and by fostering international commerce. It also has a major role in promoting Japanese exports and imports, and the country's activities overseas. JBIC is the international wing of Japan Finance Corporation (JFC).
JBIC provides overseas investment loans to meet long-term financing needs of Japanese firms for their international business development, including projects that will establish/expand production bases and develop natural resources overseas.
JBIC was created on October 1, 1999, through the merging of the Export-Import Bank of Japan (JEXIM) and the Overseas Economic Cooperation Fund, Japan (OECF).
HQ: Tokyo, Japan
Founded: 1999
ID: 798. Updated: 15.10.2020
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