Jun 29, 2015

Aozora Bank completes repayment of bubble-era bailout

Aozora Bank on Monday finished repaying the government for all the public money injected into its nationalized predecessor, Nippon Credit Bank, during Japan’s nonperforming loan crisis in the late 1990s, officials from the lender said. On Monday, Aozora paid back some ¥143.4 billion to ...