Finance Minister Hiroshi Mitsuzuka said Sept. 30 that his ministry is not at present planning to help the troubled Hokkaido Takushoku Bank increase its capital.
Speaking at a regular news conference, Mitsuzuka said the commercial bank is making serious efforts on its own to outline a restructuring plan and raise new capital. “Basically, a bank needs to work things out on its own,” he said, adding that the ministry will continue to monitor developments.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.