Development financial institution ( DFI ), also known as a Development bank , is a financial institution that provides risk capital for economic development projects on a non-commercial basis.
4-653: 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 . The Bank provides integrated investment and loan services to domestic and international clients. A large number of
8-407: A company that provides loans for projects that a government or nonprofit wants to encourage for non commercial reasons. They can be at a local, national or international level. DFIs include multilateral development banks , national development banks , bilateral development banks, microfinance institutions , community development financial institution and revolving loan funds . DFIs can play
12-428: A crucial role in financing private and public sector investments in developing countries, in the form of higher risk loans, equity positions, and guarantees. DFIs often provide finance to the private sector for investments that promote development and to help companies to invest, especially in countries with various restrictions on the market. As of November 2020 , development banks and private finance had not reached
16-612: 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. 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)] Development bank DFIs are often established and owned by governments or nonprofit organizations to finance projects that would otherwise not be able to get financing from commercial lenders. They are often structured as
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