Ministry of Economy, Trade and Industry
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Credit Guarantee System to be Available for Specified Non-profit Organizations (NPOs) from October 1, 2015

On August 7, 2015, regarding the Act for Partial Revision of the Shoko Chukin Bank Limited Act and the Small and Medium-sized Enterprise Credit Insurance Act (hereinafter referred to as the Shoko Chukin Bank and Credit Insurance Act), which has taken measures including adding loans for small and medium-sized specified non-profit organizations (hereinafter referred to as NPOs) to the coverage provided by Small and Medium-sized Enterprise Credit Insurance, the Cabinet approved Cabinet Orders such as a Cabinet Order to stipulate the enforcement date for the Shoko Chukin Bank and Credit Insurance Act as October 1, 2015. This approval allows NPOs to use the Credit Guarantee System from the same date.

1. The Shoko Chukin Bank and Credit Insurance Act

For the purpose of revitalizing regional economies and increasing employment through finance facilitation for small and medium-sized enterprises (SMEs), the Shoko Chukin Bank and Credit Insurance Act was submitted during the regular Diet session in 2015 and enacted on May 20, 2015.

2. Outline of the Cabinet Orders

1) Cabinet Order to Stipulate the Enforcement Date of Part of the Act for Partial Revision of the Shoko Chukin Bank Limited Act and the Small and Medium-sized Enterprise Credit Insurance Act:

This Cabinet order stipulates the enforcement date concerning the partial revision of the Small and Medium-sized Enterprise Credit Insurance Act regarding the Shoko Chukin Bank and Credit Insurance Act as October 1, 2015.

2) Cabinet Order concerning Arrangement of Related Cabinet Orders Associated with Partial Enforcement of the Act for Partial Revision of the Shoko Chukin Bank Limited Act and the Small and Medium-sized Enterprise Credit Insurance Act:

In line with the enforcement of the part concerning the partial revision of the Small and Medium-sized Enterprise Credit Insurance Act regarding the Shoko Chukin Bank and Credit Insurance Act, this Cabinet order corrects the change of item numbers in the Order for Enforcement of the Small and Medium-Sized Enterprise Credit Insurance Act and the Act on Special Fiscal Aid and Subsidy for Recovery from the Great East Japan Earthquake.

Note: The part concerning the partial revision of the Shoko Chukin Bank Limited Act came into force simultaneously with the enforcement of the Shoko Chukin Bank and Credit Insurance Act (May 27, 2015).

Release date

August 7, 2015

Division in Charge

Finance Division, Business Environment Department, Small and Medium Enterprise Agency

Ministry of Economy, Trade and Industry
1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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