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S&P urges Japan not to delay limited deposit protection.

Publication: Japan Weekly Monitor
Publication Date: 10-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Dec. 5 Kyodo

Standard & Poor's Corp. (S&P) said Wednesday that Japan should not postpone the introduction in April 2002 of a ceiling on bank deposit protection because any delay could have a negative impact on the industry risk of Japanese banks.

The U.S. rating agency said deferring the removal of the current full-protection system is...



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