The Japan Bank for International Cooperation (国際協力銀行, Kokusai Kyōryoku Ginkō), JBIC, is a Japanese public financial institution and export credit agency that was created on October 1, 1999, through the merger of the Japan Export-Import Bank (JEXIM) and the Overseas Economic Cooperation Fund (OECF).
The bank is wholly owned by the Japanese government, and its budget and operations are regulated by the JBIC law.
The main purpose of the institution is to promote economic cooperation between Japan and overseas countries by providing resources to foreign investments and by fostering international commerce.
The bank was one of the instruments of Japan's official development assistance (ODA), which contributes to the execution of the country's foreign policy.
JBIC was the international wing of Japan Finance Corporation (JFC) from October 1, 2008 to April 1, 2012.
The new JBIC performs the following three functions to contribute to sound development of the international economy, including Japan: In addition to the above functions, the new JBIC will take over, on a separate account, financial operations for effective realignment of the United States military forces stationed in Japan pursuant to the relevant special legislation.
Brazil was the most benefited from South American countries, holding the sixth place in the bank's investments.