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Suruga Bank Swings to Profit in April-Sept.

Suruga Bank Swings to Profit in April-Sept.

   Tokyo, Nov. 14 (Jiji Press)--Suruga Bank <8358> said Thursday it swung to a group net profit in April-September after posting a loss a year before due to its fraudulent loans for real estate investment.
   The regional bank, based in Numazu, Shizuoka Prefecture, central Japan, posted a net profit of 15,972 million yen for the latest fiscal first half, compared with the year-before loss of 100,785 million yen.

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AFP-JIJI PRESS NEWS JOURNAL


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