Skip to content
Subscriber Only
Business
Economics

Japan to Offer Interest-Free Loans to Small Companies, Abe Says

Visitors take photographs on Ninen-zaka slope as the Hokanje temple stands in Kyoto.

Visitors take photographs on Ninen-zaka slope as the Hokanje temple stands in Kyoto.

Photographer: Noriko Hayashi/Bloomberg
By

Japan’s government will offer financial assistance to small businesses as part of a second round of emergency measures against the coronavirus, Prime Minister Shinzo Abe said.

Japan Finance Corp., wholly owned by the government, and other organizations will provide interest-free loans for small- and medium-size companies that are experiencing a sharp drop in revenue, he said on Saturday.