(1) Reasons for Proposal
To maintain the soundness of the Export-Import Bank, the Amendment reduces the credit granting limit for any single individual/corporation and any entity belonging to the same enterprise group thereas (same borrower) and the respective credit granting limits for any single individual or corporation, to prevent excessive credit from being granted to any specific enterprise or affiliation.
(2) Major Provisions
A. Reduce the credit granting limit on the same borrowers, etc. (Article 17-5, paragraphs 1 and 3)
Reduce the credit granting limit from 80 percent to 50 percent of the equity capital of the Export-Import Bank for any single individual/corporation and any entity belonging to the same enterprise group thereas (the same borrower), and from 60 percent to 40 percent of the equity capital of the Export-Import Bank for any single individual or corporation.