Japanese banks have stopped lending to Russian companies

Japanese banks have stopped lending to Russian companies

© Reuters

The government will ensure that private organizations were restrictions.

Japan’s banks stopped lending to Russian companies, according to TSN.16:45.

Fearing the wrath of the US and EU, in Tokyo decided to limit financial cooperation with Moscow. Still, unlike the European and American sanctions, the Japanese did not forbid lending to Russia.

Today the Japanese Bank for international cooperation, which belongs to the government, will not Finance projects in Russia, which has refused to cooperate with the West. In addition, the Japanese government will follow and that any other private financial organizations in the country didn’t lend to the Russians.

We will remind, yesterday launched a new package of sanctions against Russia from Ukraine. Full list at the link.

Japanese banks have decided to limit financial cooperation with Moscow

TSN. 16:45
Today, 17:52

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Still, unlike the European and American sanctions, the Japanese did not forbid lending to Russia. However, today the Japanese Bank for international cooperation owned by the government will not Fund projects in Russia, which has refused to cooperate with the West. In addition, the Japanese government will ensure that any private financial institutions of the country didn’t lend to the Russians.

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