Asahi Bank forecasts full-year net loss of 530 bil. yen

Asahi Bank forecasts full-year net loss of 530 bil. yen

TOKYO, Japan - Asahi Bank President Yukio Yanase tells reporters in Tokyo on Nov. 20 his bad loan-swamped bank has revised its group net income forecast for the whole of fiscal 2001 sharply downward to a loss of 530 billion yen, a dramatic reversal from its May forecast of a 36 billion yen profit.

  • Product Code
  • ILEA001086983
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  • 2001/11/20 00:00:00
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  • Kyodo / Kyodo News Images
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  • 2001 Kyodo News
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