The Shinkin Central Bank (SCB), which manages JPY 30 trillion on behalf of 271 shinkin banks across the country, and Mitsubishi Corp have announced that the two institutions will for a strategic alliance in four business fields, which include overseas real asset / infrastructure investments.
According to the press release of Mitsubishi Corp, "Through this collaboration, SCB and MC are going to implement step-by-step investments which focus on real asset areas such as real estate, transportation/shipping and infrastructure/energy. In addition, SCB is going to support local credit unions to participate in the financial side of regional infrastructure projects as a lead arranger."
SCB has little experiences in overseas infrastructure investments. According to the Japanese press release of both companies, such "investment" could also include "lending" and the flowchart in the release hints that the target could be both "real assets" and "private equity funds".
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment