FRC puts Kokumin Bank under its control

FRC puts Kokumin Bank under its control

The Financial Reconstruction Commission (FRC) decided on April 11 to put Kokumin Bank, a Tokyo-based second-tier regional bank, under its control, FRC officials said. According to the officials, Kokumin Bank informed the commission earlier in the day that it could no longer sustain itself and was in danger of halting the withdrawal of deposits. The photo shows the bank's head office in Tokyo's Chiyoda Ward.

Gov't ready to protect Kokumin Bank

Gov't ready to protect Kokumin Bank

This photo, taken on April 8, shows the headquarters of Kokumin Bank, a Tokyo-based second-tier regional bank, which the government may take measures to support after the Financial Supervisory Agency judged the bank has a 50 million yen capital deficit.

FRC puts Kokumin Bank under its control

FRC puts Kokumin Bank under its control

The Financial Reconstruction Commission (FRC) decided on April 11 to put Kokumin Bank, a Tokyo-based second-tier regional bank, under its control, FRC officials said. According to the officials, Kokumin Bank informed the commission earlier in the day that it could no longer sustain itself and was in danger of halting the withdrawal of deposits. The photo shows the bank's head office in Tokyo's Chiyoda Ward. ==Kyodo

Ex-Kokumin Bank chief gets 30-month prison term

Ex-Kokumin Bank chief gets 30-month prison term

TOKYO, Japan - Yukio Okonogi (L), former president of the now-defunct Kokumin Bank, and Hideyuki Suzuki (R), former vice president of the bank, enters the Tokyo District Court building on Aug. 30 to hear a ruling on them over the bank's illegal loans. Okonogi was sentenced to two and a half years in prison while Suzuki was sentenced to two years in prison, suspended for four years. (Kyodo)

4 execs of failed Kokumin Bank held over loan scandal

4 execs of failed Kokumin Bank held over loan scandal

TOKYO, Japan - Hideyuki Suzuki (C), former vice president of the failed Kokumin Bank, is arrested in Tokyo on Nov. 30 on suspicion of dubious lending to a Tokyo karaoke-parlor management company. Suzuki, 66, was nabbed along with Yukio Okonogi, 66, president of the second-tier regional bank when the loans were made and two other former bank executives.

Gov't ready to protect Kokumin Bank

Gov't ready to protect Kokumin Bank

This photo, taken on April 8, shows the headquarters of Kokumin Bank, a Tokyo-based second-tier regional bank, which the government may take measures to support after the Financial Supervisory Agency judged the bank has a 50 million yen capital deficit.