The promotion of this kind of ABL could contribute to the enhancement of economic growth potential, and I believe it is a useful scheme also for Asia in the future. In this regard, the Bank of Japan established the “Special Rules for Equity Investments and Asset-Based Lending to Enhance the Fund-Provisioning Measure”, which has been in effect since summer 2010.
The special rules were established with the aim of further enhancing financial institutions’ efforts to strengthen the foundations for economic growth through the use of a wider range of financial techniques. (5) To Enhance Financial Inclusion The fifth challenge is financial inclusion.