Japan's Looming Bank Crisis: A Half Trillion Dollars in Non-Performing Loans?
Description:
Japan's top 21 banks have reported Y13.6 trillion (US$136 billion)
in non-performing loans, but experts consider the true figure to be
in the range of Y40 to Y60 trillion (US$400 to US$600 billion). If
90, Japan's banks may take five to seven more years to write off
their bad loans and restore health to their balance sheets. Current
write-offs are being financed primarily by sales of stocks held by
banks whose values have appreciated. This problem of bad loans is
depressing Japan's economic gro…
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Date:
August 19, 1994
Creator:
Nanto, Dick K.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department