Regional Banks in Tie-ups with Other Companies to Support Overseas SMBE Expansion
The Nishinippon Shimbun reports that regional banks from Kyushu are increasingly forming business ties with companies in the non-life insurance and distribution sectors to provide support for the overseas expansion regional small and medium-sized businesses. The objective is to use the detailed information on overseas business those sectors possess to facilitate the expansion. The newspaper notes that local SMBEs are increasingly looking to Asia to expand with the shrinkage in the Japanese market.