LTCB board members hold first meeting

LTCB board members hold first meeting

TOKYO, Japan - The 14 board members of the newly privatized Long-Term Credit Bank of Japan (LTCB) hold their first meeting in Tokyo on March 2. The bank was bought March 1 by New LTCB Partners CV. (NLP), an Amsterdam-based international consortium led by U.S. fund Ripplewood Holdings LLC, as the first major Japanese commercial bank to come under foreign ownership.

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