Bad loan-laden NCB asked to apply for state control

Bad loan-laden NCB asked to apply for state control

Shigeoki Togo, president of Nippon Credit Bank enters Prime Minister's Office on 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.

  • Product Code
  • ILEA001078033
  • Registered date
  • 1998/12/12 00:00:00
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  • Kyodo / Kyodo News Images
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  • 1998 Kyodo News
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  • 1864 × 1713 pixel
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  • dpi
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  • 1.37(MB)*
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*File size when opened in Photoshop, etc.

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              Bad loan-laden NCB asked to apply for state control

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              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. ==Kyodo
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