Japan: Problem loans at financial institutions rise to 82 tril. yen

greenspun.com : LUSENET : Grassroots Information Coordination Center (GICC) : One Thread

Japan's 870 financial institutions, including
137 banks, are still buried under 81.8 trillion
yen ($750 billion) in problem loans as of March
31, an increase of 1.2 trillion yen over a year
before, the Financial Services Agency (FSA) said
Friday.

The problem loans account for 12.1% of the
institutions' 673.3 trillion yen in outstanding
loans, it said, adding that the figure is up 0.5
percentage point from a year before.

Asia Briefs

-- spider (spider0@usa.net), July 28, 2000


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