Brazil, March 6 -- The Japan Bank for International Cooperation (JBIC) signed on March 4 a loan agreement amounting to up to USD50 million (JBIC portion) with Banco Yamaha Motor do Brasil S.A. (BYMD), a Brazilian subsidiary of Yamaha Motor Co., Ltd. (Yamaha Motor). The loan is co-financed with Banco Mizuho do Brasil S.A., a subsidiary of Mizuho Financial Group, Inc., and the Norinchukin Bank bringing the total co-financing amount to USD100 million equivalent. This loan is intended to finance the necessary funds for BYMD to conduct a financial services business, including sales finance for Yamaha-branded motorcycles in Brazil. Brazil is one of the leading motorcycle markets in South America and serves as an important production and sales bas...