The Long-Term Credit Bank of Japan (LTCB) was established in 1952 to provide long-term financing for infrastructure and industrial projects in Japan. It played a crucial role in the country's post-war economic growth by offering loans with extended repayment periods, which helped businesses invest in development and expansion. In 1998, LTCB faced financial difficulties due to bad loans and was eventually nationalized by the Japanese government. The bank was restructured and later privatized in 2000, becoming part of the Shinsei Bank. LTCB's history reflects the challenges and changes in Japan's banking sector over the decades.