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Yanagisawa welcomes banks' massive bad-loan disposals.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 27 Kyodo

Financial Services Minister Hakuo Yanagisawa on Tuesday welcomed moves by major Japanese banks to take loan-loss charges topping 6 trillion yen for the full fiscal year to next March 31.

''That's a pretty big amount,'' he told reporters, adding the banks are now becoming more...



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