TOKYO -- Japan's Financial Services Agency will ease restrictions on banks investing in companies that are more than 10 years old, making it easier for startups operating in industries that take longer to develop commercial products to gain access to capital, Nikkei has learned.
Finance
Japan to ease investment rules for banks to boost startups
Government wants to give slow-growing companies better funding access
Japan aims to give slow-developing startups, such as drug companies better access to capital by easing restrictions on investment in such companies by banks. (Photo courtesy of PeptiDream)
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