Crisis Response Operations

About Crisis Response Operations

Crisis Response Operations, in accordance with the Japan Finance Corporation Act (Act No. 57 of 2007, including revisions thereafter), consist of the provision of quantitative supplementary aid, such as two-step loans, from Japan Finance Corporation during times of crisis, including large-scale disasters or disruption to domestic or overseas financial markets. This aid is provided through government-designated financial institutions as necessary funds to deal with damages from a crisis.

DBJ undertook large-scale Crisis Response Operations during the collapse of Lehman Brothers and the Great East Japan Earthquake. In line with the Act for Partial Amendment of the Development Bank of Japan Inc. Act passed in 2015, DBJ will continue to conduct Crisis Response Operations. This act reflects the government’s recognition of the key role fulfilled by DBJ through Crisis Response Operations as well as the fact that private-sector financial institutions have not participated in this area.

Scheme