Abstract
By July 1994, the outstanding balance of OECF loans and equity investments exceeded ¥8 trillion, approximately half that of the World Bank group and more than the combined total of four regional development banks (the Asian Development Bank, the InterAmerican Development Bank, the African Development Bank and the European Bank for Reconstruction and Development). OECF has become one of the world’s major development finance institutions as well as a principal executing agency of Japan’s ODA