Yomiuri: Japan-owned Insurance Firm to Back Ukraine's Home Building

Dow Jones
2025/09/03
 

By Hiroyuki Kume

Yomiuri Shimbun Staff Writer

 

Nippon Export and Investment Insurance $(NEXI)$ will begin offering insurance to foreign financial institutions lending to a Ukrainian housing company as early as the current fiscal year ending March 2026.

Ukrainian Financial Housing Co. (UFHC) provides mortgages to Ukrainian citizens. The move is meant to reduce credit risk and facilitate funding for the UFHC, thereby supporting home building in Ukraine.

A senior UFHC official met with NEXI's chairman and CEO, Atsuo Kuroda, in Tokyo on Wednesday to discuss their plans for cooperation and insurance details. NEXI is currently negotiating insurance coverage with multiple foreign financial institutions.

The UFHC supports new home building for Ukrainian citizens who have lost their homes in Russian attacks by providing low-interest, long-term mortgages. It signed a memorandum in August to deepen cooperation with NEXI.

Japanese companies are also participating in other support efforts. Daiwa House Industry Co., for example, is planning to provide prefabricated housing in Ukraine. NEXI is also considering collaboration with such companies. "Securing housing is a fundamental part of reconstruction, and we will prioritize support for this," said a NEXI executive.

NEXI is fully owned by the Japanese government and runs an insurance business covering risks in overseas transactions that private insurers have difficultly underwriting.

----

This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

YDN-M0000140586-1

 

(END) Dow Jones Newswires

September 03, 2025 05:45 ET (09:45 GMT)

Copyright (c) 2025 The Yomiuri Shimbun

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10