Development Bank of Japan

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Development Bank of Japan Inc.
TypeGovernment-owned
IndustryFinance
PredecessorDevelopment Bank of Japan (est. 1951)
Foundedin 2008 as Development Bank of Japan Inc.
HeadquartersTokyo, Japan
Number of locations
10 Branches
8 General Offices
2 Overseas Representative Offices
1 Overseas Subsidiary
Key people
President
ProductsFinancing Products
Investment Products
Consulting and Advisory Services
Number of employees
1064 (at the end of 2008)
Websitehttp://www.dbj.jp/en/index.html

Development Bank of Japan Inc. ("DBJ") (株式会社 日本政策投資銀行, Kabushiki-gaisha Nippon-seisaku-tōshi-ginkō) is a Japanese development bank incorporated on 1 October 2008 under the Development Bank of Japan Inc. Law (Law No. 85 of 2007). Current ownership structure of DBJ is solely owned by the Government of Japan through the Minister of Finance.

Overview[]

The Bank provides integrated investment and loan services to domestic and international clients. A large number of the clients are Japanese companies requiring basic investments. DBJ provides most of them at low and flexible interest rates, and so the default rate is very low.[citation needed]

History[]

  • 1947 January: Establishment of Rehabilitation Finance Corporation
  • 1951 April: Development Bank of Law established. Consequently, Development Bank of Japan was formed
  • 1956 June: Hokkaidō-Tōhoku Development Finance Public Corporation was formed under establishment of Hokkaidō-Tōhoku Development Finance Public Corporation Law (HTDFC Law)
  • 1957 June: After amendment of HTDFC Law, Hokkaidō-Tōhoku Development Finance Public Corporation was merged into Development Bank of Japan
  • 1999 June: Amended Development Bank of Japan Law established
  • 1999 October: Transfer of approval of all rights and responsibilities of Japan Development Bank and Hokkaido-Tohoku Development　Finance Public Corporation to the Development Bank of Japan
  • 2008 October: Dissolution of the existing Development Bank of Japan and establishment of a new corporation, the Development Bank of Japan Inc.
  • 2017: Partnership announced with M&A advisory firm BDA Partners.[1]

Financial information (at the end of 2008)[]

Total Assets: 14.0174 trillion yen (or US$153.88 billion)
Lending Balance: 12.0266 trillion yen (or US$132.03 billion)
Capital Ratio (BIS): 18.69%
[Exchange Rate: US$1 vs 91.09 yen (on 18 September 2008)]

References[]

  1. ^ Lewis, Leo (7 September 2017). "Development Bank of Japan to form strategic partnership with BDA Partners". Financial Times. Retrieved 13 November 2018.

External links[]

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