Shinkin Central Bank To Form Y5bn Fund For Quake-hit Firms

Shinkin Central Bank, the umbrella body for credit associations, or shinkin banks, plans to launch a 5 billion yen investment fund to help revitalize small vusinesses hurt by the March 11 earthquake disaster, according to Nikkei. Shinkin Central Bank and its venture capital firm Shinkin Caital Co. will set up this new fund in mid Decmber.