Loan Syndication in War‐Time Japan and the Origins of the Main Bank System

Abstract

This chapter investigates the emergence of loan syndications during 1939-41, and their relationship to the post-war main bank system. Loan syndication during the early war-time period emerged as a response by banks to the need for risk diversification during the reorganization of industrial structure. The post-war main bank system evolved in response to the credit crunch caused by a sudden termination of directed credits.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 22 citations exist upstream.