Japan bank signs over $2bn in loans for US investments

JBIC and 3 top lenders to fund power plant, crude oil facility and diamond project

The Japan Bank for International Cooperation and the country's top three banks will jointly finance the investment. (Photo by Daiki Katagiri)

TOKYO -- A state-backed Japanese lender said Friday that it has signed loan agreements for up to about 350 billion yen ($2.2 billion) with private-sector banks to support three U.S. projects under a bilateral tariff deal.