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S&P Credit Research1215 word report
published Apr 28, 2009
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S&P Credit Research
| Abstract: | TOKYO (Standard&Poor's) April 28, 2009--Standard&Poor's Ratings Services said today that there would likely be no impact on its ratings on the Development Bank of Japan Inc. (DBJ; AA-/Stable/A-1+) if the bank's crisis response business expands in line with Japanese government plans. The government's plans include the expansion of the bank's corporate lending and investment operations as a crisis response business to address the ongoing financial crisis. Yesterday, the government submitted to the Diet an amendment of the Development Bank of Japan Incorporation Law, which included a capital increase and a postponement of the full privatization of DBJ so that the bank's crisis response business can be expanded. Standard&Poor's believes that the expansion of DBJ's
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| Brief Excerpt: | RESEARCH Ratings Definitions Ratings On Japan's DBJ Unlikely To Be Affected By Expanded Crisis Response, Privatization Delay Publication date: 28-Apr-2009 Primary Credit Analyst: Naoko Nemoto, Tokyo (81) 3-4550-8720; naoko_nemoto@standardandpoors.com...
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| Report Type: | News
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| Ticker: | DBJZ@JP
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| Issuer: | Development Bank of Japan Inc.
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| GICS: | Regional Banks (40101015)
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| Sector: | Global Issuers
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| Country: | Japan
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| Region: | Asia
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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