VOL. XLII

No 41

11-October-1999

JAPAN

JEXIM/OECF Merger And MENA Operations

The Export-Import Bank of Japan (JEXIM) and the JapaneseOverseas Economic Cooperation Fund (OECF) merged on 1 October to form the JapanBank for International Cooperation (JBIC). The new entity will engage inlending to contribute to the promotion of Japans exports or imports orJapanese economic activities overseas and to economic and social development inoverseas areas, effectively combining the former mandate of JEXIM...