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in the island that are in the agriculture, housing, forestry, fishery and medical industries. The ODFC will also finance citizens who have met difficulties obtaining funding from private financial institutions. Through such financial assistance, the ODFC aims to vitalize the local economy of
Okinawa
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The
Okinawa Development Finance Corporation is governed by six person board of directors. The board consists of Chairman, a Vice Chairman, three directors and an auditor. The Chairman and auditor are appointed by the Prime Minister and Minister of Finance while the Vice Chairman and directors are
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The
Okinawa Development Finance Corporation was established on May 15, 1972 with the passing of the Okinawa Development Finance Corporation Law. This law was established along with Okinawa's return to Japan from American military occupation in order to carry out a unified and comprehensive
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policy-oriented financing in
Okinawa. The ODFC's objective was also to fill the socio-economic gaps that existed between Okinawa and mainland Japan.
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As of March 2015, the ODFC has lent out ¥ 946.3 billion and ¥ 4.2 billion in loans and investments respectively, 211 employees and 6 Offices.
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Island
Sustainability: Challenges and Opportunities for Okinawa and Other Pacific Islands in a Globalized World
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The Law led to the consolidation of the following special public corporations into the then newly formed ODFC:
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ODFC is subject to the supervision of the Prime
Minister and the Minister of Finance under the law.
128:(沖縄振興開発金融公庫), is a Policy-based financial services institution. ODFC's headquarters are located in
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148:. This is through the provision of long-term loans and other financial facilities to
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Ryukyu
Development Finance Corporation (琉球開発金融公社) - Founded in 1959 by the
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Agriculture, Forestry and
Fisheries funds flexibility special account
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Postal
Savings and Fiscal Investment in Japan: The PSS and the FILP
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The ODFC's key role is to promote the development of industries in
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Various Ryukyu government special development accounts including:
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286:"Company Overview of The Okinawa Development Finance Corporation"
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Company
Overview of The Okinawa Development Finance Corporation
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Masses Finance Corporation (大衆金融公庫) - Founded in 1964 by the
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appointed by the chairman but approved by the ministers.
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Industrial development funds flexibility special account
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United States Civil Administration of the Ryukyu Islands
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Carrier construction funds flexibility special account
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Housing construction funds flexibility special account
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Okinawa Development Finance Corporation of head office
342:"The Okinawa Development Finance Corporation (ODFC)"
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173:to finance livelihood funds that target residents
153:and aid in the development of the local society.
180:to provide long term capital funds in Okinawa.
367:Cargill, Thomas F.; Yoshino, Naoyuki (2003).
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271:Okinawa Development Finance Corporation Act
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371:. Oxford University Press. p. 47.
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118:Okinawa Development Finance Corporation
19:Okinawa Development Finance Corporation
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396:. Trafford Publishing. p. 108.
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150:small and medium-sized entrepreneurs
466:Government-owned companies of Japan
126:Okinawa Shinkō Kaihatsu Kin'yū Kōko
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471:1972 establishments in Japan
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476:Banks established in 1972
346:Japan Business Connection
246:Japan Finance Corporation
241:Development Bank of Japan
392:Kakazu, Hiroshi (2012).
291:Bloomberg Businessweek
274:(2022 ed.). 1972.
231:List of banks in Japan
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49:; 52 years ago
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89:Number of employees
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320:"The ODFC Profile"
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171:Ryukyu government
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47:15 May 1972
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436:External links
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418:"ODFC profile"
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348:. KIH Partners
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296:Bloomberg L.P.
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422:. Retrieved
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350:. Retrieved
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324:. Retrieved
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208:Jurisdiction
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62:Headquarters
34:Company type
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424:14 November
352:14 November
326:14 November
301:13 November
77:Area served
38:State owned
25:Native name
455:Categories
299:Retrieved
252:References
216:Governance
93:211 (2015)
54:1972-05-15
29:沖縄振興開発金融公庫
225:See also
140:Overview
102:Homepage
157:History
146:Okinawa
98:Website
82:Okinawa
52: (
44:Founded
420:. ODFC
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322:. ODFC
134:Japan
130:Tokyo
70:Japan
66:Tokyo
426:2015
398:ISBN
373:ISBN
354:2015
328:2015
303:2015
122:ODFC
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.