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Jerrybuilt rescue: Japanese property

Article Abstract:

Japan is faced with a huge bad debt problem because of overzealous lending during previous boom times. Political imperatives demand that these loan companies be rescued. The government may create a system something like the US Resolution Trust Corp, which is managing the savings and loan crisis.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Bank loans, Loan servicing

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Feeling the pain: Japan's non-banks

Article Abstract:

Japanese non-banks are running into huge credit problems because of bad loans. This effects the regular banks on which non-banks rely almost entirely for financing. Bad debt is playing a significant role in the derailing of the Japanese economy.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992

Limited service banks

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Subjects list: Japan, Bad debts

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