21 June 2001, 12:10 Yanagisawa: Impossible to gauge size of new bank NPLs, depends on economy
TOKYO (AFX-ASIA) - Minister of Financial Affairs Hakuo Yanagisawa
said it is impossible to estimate the likely size of banks' new bad
loans as it will depend on future economic conditions.
"The size of banks' new bad loans will be determined by economic
conditions and at present we have no economic models to calculate an
estimate," he told a parliamentary Upper House committee.
"It is difficult to say how many new bad loans will appear in the
future."
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