Japan Bank for International Cooperation

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Japan Bank for International Cooperation
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Tadashi Maeda
Special Advisor to the Board of
Directors JBIC Recent Trends of Japanese Export
Credits and Future Challenges
Presented at the Bankers Association for
Finance and Trades13th Annual Conference on
International TradeProspects for the Future
Japan Bank for International Cooperation
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JBIC Financing Trends by Product Type (1993
2003)
Note 2003 data only includes up to August.
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JBIC Export Credits Trends (1993 2003)
Note 2003 data only includes up to August 2003.
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JBIC Export Credits Trends by Region (1999
2003)
Note 2003 data only includes up to August 2003.
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JBIC Export Credits Trends by Sector (1997
2001)
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JBIC Export Credits Trends by Risk Category
(1999 2003)
NOTE 2003 data only includes up to August 2003.
Category 1 not included.
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JBIC Export Credits Trendsby Financing Type
(1999 2003)
NOTE 2003 data only includes up to August 2003.
Unit percentage of the number of
Buyer Credits Only.
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Market Trends

• Shift from Sovereign to Non-Sovereign,
  Structured and Project Finance Transactions
• Demand for Longer Repayment Terms in Category I
  Countries (i.e. Longer than 5 years) for
  Non-Sovereign transactions
• Increasing Demand for Longer Maturities and
  Flexibility of Commissioning Date for Project
  Financing
• Increasing Demand for Local Cost Finance

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Suggestions to OECD Export Credits Arrangements

• Longer Maximum Repayment Term to Match Project
  Cash Flows for Category I Transactions and
  Project Financing
• New Definition of Commissioning Date to Match
  Actual Practices in Project Financing
• More flexibility on Local Cost Finance for
  Non-Sovereign, Structured and Project Finance
  Transactions in Developing Countries

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The End
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