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60 Pct of Regional Banks in Japan See Red Ink, Profit Falls

60 Pct of Regional Banks in Japan See Red Ink, Profit Falls

   Tokyo, Nov. 21 (Jiji Press)--Some 60 pct of 102 regional banks in Japan posted profit falls or net losses in April-September, according to their latest business results.
   The banks suffered ballooning credit costs to prepare for loan losses as many clients took a beating from the novel coronavirus crisis.

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AFP-JIJI PRESS NEWS JOURNAL


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