Pension Fund - Onkyukinko

...A special corporation fully funded by the government, established in June 1949 under the National Finance Corporation Law. Initially, it inherited the duties of the People's Bank and the Pension Bank (both established in 1938 and abolished in 1949) that had existed before World War II, and its purpose was to lend necessary business funds to the general public who had difficulty obtaining financing from private financial institutions. However, as the Japanese economy finished its recovery and achieved high growth, it strengthened its role as a specialized financial institution for small and medium-sized enterprises, and began to lend funds for labor-saving and pollution prevention-related equipment and management improvement such as rationalization. ...

*Some of the terminology that refers to the "Pension Fund" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…1949年6月，国民金融公庫法に基づき設立された全額政府出資の特殊法人。当初は，第2次大戦前からの庶民金庫，恩給金庫(両金庫とも1938年設立，1949年廃止)の義務を継承し，民間金融機関からの資金融通を受けることが困難な国民大衆に対して，必要な事業資金を貸し付けることを目的としていた。しかし日本経済が復興を終えて高度成長を遂げるにつれ，中小企業専門金融機関としての性格を強め，省力化，公害防止関連の設備資金や合理化等の経営改善資金を融通するようになった。…

※「恩給金庫」について言及している用語解説の一部を掲載しています。

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