As officials try to break up Exim Bank, it looks to win international support

Article Abstract:

Officials of the Export-Import Bank of Japan (Exim Bank) are actively trying to harness international sympathy even as the Japanese government considers the institution's breakup. Exim Bank executives have been feeding the international media reports on the negative consequences if plans to break up the bank and absorb its functions into two other official intitutions push through. At present, countries such as Belgium and Mexico have already expressed their support for the Exim Bank.

Political aspects, Public relations, Export-Import Bank of Japan

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Lenders stick with Thai market through thick and thin

Article Abstract:

Japanese banks have kept Thai credit lines open despite the country's current economic crisis, since the risks are lower compared with other loans. The total sum at risk was registered only at $4 billion despite banks having to write off 10% of the loans as unrecoverable. Japanese banks cannot reduce their exposure to the Thai market as any move that would send the Thai currency downward would also reflect on their financial statements.

Administration of General Economic Programs, Foreign Loans-Banks, Thailand, External debts, Foreign loans, Bank loans

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More lenders are shutting down international branches

Article Abstract:

Nippon Credit Bank Ltd. and Hokkaido Takushoku Bank Ltd. are the latest among Japanese banks to close their foreign branches due to the losses incurred from writing off problem loans. The Japanese government estimates that its banking industry is plagued with about $235 bil in bad loans due to the extended decline in the domestic property market.

Management, Nippon Credit Bank Ltd., Hokkaido Takushoku Bank Ltd.

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