Policy makers vexed by good loans at troubled banks
Article Abstract:
Japan is currently struggling to reestablish its beleaguered banking industry, as government officials fail to adopt alternative means of managing bad loans. Although the government has allotted $207.08 billion in public money for the liquidation of bad loans, the Parliament has yet to accomplish a viable plan to get rid of bad loans while saving the good ones. Some experts argue that the government need not to address good loans since they merely offer limited profitability in the market.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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More Japan banks write off bad loans
Article Abstract:
Three more Japanese banks announced that they would write off a combined total of $23 billion in bad loans. Sanwa Bank Ltd., Industrial Bank of Japan Ltd. and the Long-Term Credit Bank of Japan Ltd. have joined the growing number of Japanese financial institutions that have broken the industry's longstanding taboo against red ink. Analysts believe that this is another major step in Japan's effort to clean up its banking crisis.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Analysts, investors say best picks among banks in Japan are those that tackle problem loans
Article Abstract:
Investors in the Japanese banking industry are advised to choose shares issued by banks that have the fewest problem loans. While bank shares in the country constitute the largest single equity sector, which consequently make them highly attractive, loan collection problems have resulted in some bank failures and made investors wary. Among the more stable banks are Fuji Bank, Mitsubishi Bank and Bank of Tokyo.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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