Japan and MUFG Bank (TYO:8306) are working on a framework to enable bank lending for film production by establishing a common standard to assess a project's value, Nikkei reported Tuesday.

The initiative, backed by the Ministry of Economy, Trade and Industry, aims to strengthen the domestic film industry against global competitors such as the United States and South Korea, according to the report.

MUFG Bank plans to lead the development of the system, with an outline due by February 2027 alongside insurers and industry players, and lending expected to begin as early as 2027, the report said.

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