Gov't takes control of Niigata Chuo Bank

Gov't takes control of Niigata Chuo Bank

TOKYO, Japan - The government's Financial Reconstruction Commission puts failed Niigata Chuo Bank, a second-tier regional bank based in Niigata on the Sea of Japan coast, under its control Oct. 2. Lawyer Tetsuya Sunada, certificate accountant Koichi Matsumura and the DIC as administrators, responsible for the bank's administration, operations and asset management, the commission's chief Hakuo Yanagisawa told a press conference.

  • Product Code
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  • 1999/10/02 00:00:00
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