Bad loan

Published October 17, 2002

TOKYO, Oct 16: A taskforce considering accelerated disposals of bad loans at Japanese banks aims to release a key report early next week, which could result in the Bank of Japan easing monetary policy, officials said on Wednesday.

The team of academics and businessmen, recently created under the Financial Services Agency (FSA) headed by Heizo Takenaka, had been expected by many to unveil its initial report on the problem this week.—AFP

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