• Kyodo News

  • SHARE

Legislation to enable a pre-emptive injection of public funds into financial institutions took effect Wednesday amid wariness on the part of institutions as the Financial Services Agency is set to introduce numerical targets for their lending to small and midsize companies.

The revised bank recapitalization law is designed to encourage lenders to increase loans to smaller businesses amid the global credit crunch.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW