2 October 2001, 10:24 Koizumi - no need to inject public funds into the banks
TOKYO (AFX-ASIA) - Prime Minister Junichiro Koizumi said the
government does not need to inject public funds into the banks so as to
strengthen their capital adequacy ratios.
"Major banks' capital adequacy ratios are still high enough to cope
with any unpredictable event and there is no possibility they will face
a capital shortage," Koizumi told legislators in the lower house of
parliament.
"There is no reason for the government to increase their capital
adequacy ratios with public funds," he said.
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