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FSA orders Fukushima Bank to take corrective action.

Publication: Japan Weekly Monitor
Publication Date: 31-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
FUKUSHIMA, Japan, Dec. 25 Kyodo

(EDS: CHANGING DATELINE, ADDING MORE DETAILS)

Fukushima Bank, a regional bank based in Fukushima Prefecture, said Tuesday it has been ordered by the Financial Services Agency (FSA) to undertake prompt corrective action to boost its capital and improve operations.

The FSA's move comes after the regional bank revised down its...

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