Nov.21.2006

Japanese Bankers Association

Agreement to Provide Easier Year-end Credit

The Board of Directors Meeting held on November 21 agreed banks would earnestly respond to the credit needs of sound customers during the year-end period to make the lending process smooth and loans available.

This agreement was made since December is particularly a period when the credit crunch is keenly felt due to a heightened need for credit among corporations, although banks have been working to ensure smoother lending procedures by introducing various lending schemes.