| Author: | Ratcliffe, C. T. |
| Title: | 'Zaitech' funding cuts costs. |
| Journal: | Banker
1987 : JAN, VOL. 137:731, p. 69-70 |
| Index terms: | DEBT FINANCING FINANCIAL MANAGEMENT JAPAN |
| Language: | eng |
| Abstract: | Zaitech has two meanings: 1. An activity of purely financial transactions having nothing to do with basic activities of industrial corporations. 2. Financial technology: major changes that have occurred in Japanese corporate finance over the last decade. The most important step is that Japanese corporations borrow less from banks and more from capital markets, especially abroad. This step has led Japanese institutions to set up commercial bank subsidiaries in Europe. As a result, funding costs are lower and balance sheets stronger. |
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