TOKYO, Apr 28 (Reuters): Japan's banking regulator is pushing regional banks to set up joint operations to help small and medium-sized Japanese firms expand abroad by offering foreign currency-based transactions and overseas loans, sources with direct knowledge of the matter said.
"Our idea is for regional banks to play a fuller role in promoting clients' overseas expansion by setting up banks or joint ventures to handle foreign currency-based settlements and loans," Financial Services Agency Commissioner Ryutaro Hatanaka told a meeting of regional bank heads this month.
Japan for regional banks for joint overseas lending
FE Team | Published: April 29, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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