22 March 2001, 15:18 Japanese banks to write off 4 trillion yen in bad loans
Tokyo, March 22 (BridgeNews) - Sixteen major Japanese banks will write
off a 4 trillion yen in bad loans this fiscal year ending March 31, the
Nihon Keizai Shimbun reported. The expected size of the write-off will be
1.6 times the figure they predicted in autumn 2000, the business daily
said.
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