DBJ’s New DBJ BCM rated loan Program Highlighted inThe World Economic Forum’s Global Risk Report 2012An Effective, Innovative Financial Tool with Global Impact

The Risk Response Network, a research community of the World Economic Forum, has recognized the new DBJ BCM rated loan program (Enterprise Disaster Resilience)ⁱ in its Global Risk Report 2012, describing it as an effective, innovative financial tool with global impact. The program was developed by Development Bank of Japan Inc. (Toru Hashimoto, President) and is the world’s first of its kind.

Since its inception in August 2011, the new program has revised its points of emphasis, drawing on lessons learned from the crippling earthquake and tsunami of March of that year. It now prioritizes the swift restoration of disaster-affected companies and other actions required for the preservation of business continuity. Its assessment is comprehensive, covering not only what firms do to prevent disaster, but their organizational resilience ? the strategies, structures, and other elements of business continuity that will come into play when a crisis has hit. Lending terms are set in accordance with each company’s rating.

DBJ’s new program was singled out for a number of reasons. As the first such program anywhere in the world, it is a groundbreaking and globally influential addition to the risk management field. It is unique in offering effective solutions as a financial tool with policy significance. Beyond its intrinsic value as a project, it contributes to the advancement of knowledge in its field.

The World Economic Forum is a non-profit organization bringing together people from business, politics, and academia, as well as intellectuals, journalists, and managers of global corporations. Its aim is to work for a better world by discussing and acting on the pressing issues of the day. Its themes and activities range from deciding basic global, regional, and industrial policy to debating matters involving the economy, public finance, health, poverty, the environment, terrorism, and risk management.

The Risk Response Network is a research community belonging to the WEC. The RRN identifies and assesses major risks, both existing and emerging, considering their relevance and global impact on markets and industry, and looks into the latest ideas on risk mitigation and risk resistance. Its findings are compiled in the annual Global Risk Report. In addition to the members of the WEF, the RRN comprises leading specialists in both the practice and theory of global risk management, including representatives of Marsh & McLennan Companies, Swiss Reinsurance Company, The Wharton Center for Risk Management, The University of Pennsylvania, and Zurich Financial Services, and the chief risk officers of global corporations.

In line with its own corporate philosophy ? “designing the future through innovative finance, using creative financing techniques to resolve customer issues, and working with customers to earn their trust and build a prosperous future” ? DBJ will continue actively to support its customers in their efforts to ensure business continuity in times of emergency.


ⁱ DBJ’s groundbreaking BCM (Enterprise Disaster Resilience) Rated Loan Program allows DBJ to evaluate corporate efforts to protect against disaster and ensure business continuity should a disaster occur. Using its own proprietary methods, DBJ assigns ratings to companies and offers favorable loan conditions to highly rated firms. First introduced in April 2006, the program, including its assessment items, underwent a comprehensive amendment in August 2011. Yoshiki Hiruma(Director of BCM rating)is partner of the RNN.


Inquiries:
International Strategy & Coordination Department, DBJ
Telephone: +81-3-3244-1770