Japan's Banking evoke Automotive in his country

TOKYO - The nature of mutual aid that the Japanese have become an example kongret for Indonesia. Japanese automotive industry collapsed from the impact of natural disasters and earthquakes and then, banks in the country is ready to evoke cherry condition.


The Japanese government led by the Japan Development Bank (Development Bank of Japan) has set aside 617 million dollars to be used in the Japanese automotive component industry. Funds became available next month, and they are hoping steps taken by this government could be an example for other private banking in Japan.

"Natural disasters in eastern Japan, has destroyed the automotive component supply network, we've thought about it and prepare for their financial support. The negotiations we had in the final stage," said one Japanese official who refused to be named, as reported by AFP, yesterday (30/05/2011).

Sustain the flow of money into the economy through strong exports, halted because of the disaster. In total, there are 800 component manufacturers in Japan affected, either directly or indirectly, which would disrupt the supply chain component outline.

Source:
autoevolution