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Suruga Bank Ordered to Report on Property Loans

Suruga Bank Ordered to Report on Property Loans

   Tokyo, May 14 (Jiji Press)--Japan's Financial Services Agency has ordered Suruga Bank to report on measures to address problems linked to its improper loans to owners of apartments and condominiums for investment, the regional bank said Tuesday.
   The FSA accused Suruga Bank of failing to resolve cases of all debtors for a prolonged period, urging it to come up with concrete measures for an early solution.

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AFP-JIJI PRESS NEWS JOURNAL


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