Bad loan-laden NCB asked to apply for state control
Shigeoki Togo, president of Nippon Credit Bank enters Prime
Minister's Office Dec. 12 to receive a notice urging the long-term
credit bank to request for temporary nationalization, as the gov't
has concluded the bank, laden with huge bad loans, is effectively in
a state of collapse.
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- 1998/12/12 00:00:00
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