Shoko Chukin Bank's shady loans totaled 260 bil. yen

Shoko Chukin Bank's shady loans totaled 260 bil. yen

TOKYO, Japan, Oct. 25 Kyodo - Shoko Chukin Bank President Kenyu Adachi (L) receives a business improvement order from Hisayoshi Ando, head of the Small and Medium Enterprise Agency, in Tokyo on Oct. 25, 2017. An internal probe at the government-backed lender for smaller firms has found it handed out 260 billion yen ($2.3 billion) in shady loans, according to sources close to the matter.

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