TOKYO (Reuters) – The Bank of Japan said on Friday 43 financial institutions qualified to receive loans under a new scheme aimed at promoting activities to combat climate change.
Japan’s three megabanks were among those that qualified for the programme, the BOJ said in a statement.
In July, the BOJ laid out an outline of the climate scheme under which it will offer zero-interest loans that can be rolled over until 2030 to banks that boost green and sustainable loans.
(Reporting by Leika Kihara; Editing by Chang-Ran Kim)
