The story
History
1947 January: Establishment of Rehabilitation Finance Corporation
1951 April: Development Bank of Law established. Consequently, Development Bank of Japan was formed
1956 June: Hokkaidō-Tōhoku Development Finance Public Corporation was formed under establishment of Hokkaidō-Tōhoku Development Finance Public Corporation Law (HTDFC Law)
1957 June: After amendment of HTDFC Law, Hokkaidō-Tōhoku Development Finance Public Corporation was merged into Development Bank of Japan
1999 June: Amended Development Bank of Japan Law established
1999 October: Transfer of approval of all rights and responsibilities of Japan Development Bank and Hokkaido-Tohoku Development Finance Public Corporation to the Development Bank of Japan
2008 October: Dissolution of the existing Development Bank of Japan and establishment of a new corporation, the Development Bank of Japan Inc.
2017: Partnership announced with M&A advisory firm BDA Partners.
Read the full text
Financial information (at the end of 2008)
Total Assets: 14.0174 trillion yen (or US$153.88 billion)
Lending Balance: 12.0266 trillion yen (or US$132.03 billion)
Capital Ratio (BIS): 18.69%
[Exchange Rate: US$1 vs 91.09 yen (on 18 September 2008)]
From Wikipedia’s article on Development Bank of Japan, shared under CC BY-SA 4.0.6
