More pain: Japanese banks

Article Abstract:

The Industrial Bank of Japan (IBJ) is being forced to absorb much of the financial cost of the bailout of Osaka-based Toyo Shinkin credit union, even though Toyo Shinkin is controlled by Sanwa Bank. IBJ is being held responsible for the Toyo Shinkin failure because of its involvement in a lending scandal.

Industrial Bank of Japan Ltd., Toyo Shinkin Bank

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Pulling lenders over the edge: Japanese housing loans

Article Abstract:

The housing loan sector of the Japanese banking industry is in serious financial trouble, due to the weakness in Japan's real estate market. Non-performing housing debt is estimated at 200 billion yen, with much of the debt owed by large developers.

Mortgages

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Coming out: Japanese bank debt

Article Abstract:

Information was leaked from a study on bank debt done by the Bank of Japan. The study estimates that bad debt will eventually peak at 56 trillion yen. Japanese banks may have to take measures such as raising interest rates for borrowers.

Reports, Bank of Japan, Bad debts

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Banking industry, Finance, Japan
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.