1 November 2001, 09:47 Lower House approves bill to limit banks'
TOKYO - The House of Representative approved at a plenary
session Thursday a bill aimed at limiting Japanese banks'
shareholdings and creating a stock-buying body designed to absorb a
portion of the holdings.
The bill, expected to pass the House of Councillors by the end
of the current Diet session on Dec. 7, will likely be enacted in
January next year, government officials said.
© 1999-2024 Forex EuroClub
All rights reserved