C.  Loan support program  In addition to implementing QQE, the Bank has been employing the Loan Support Program to promote financial institutions’ use of the large scale monetary base – supplied by the Bank through its aggressive monetary easing – for their efforts to increase the amount of bank lending and strengthen the growth potential of Japan’s economy.
At the MPM held on February 17 and 18, 2014, the Bank decided to double the scale of the Loan Support Program and to extend its application period by one year.