The nationalized Long-Term Credit Bank of Japan decided Monday to repay 200 billion yen to the Bank of Japan, LTCB sources said.
The repayment of part of a total 3.7 trillion yen worth of loans from the central bank was to be made through Deposit Insurance Corp. by the end of the day, the sources said.
The decision is in line with the recent stability in LTCB's fundraising activities, according to the sources. LTCB, crippled by massive bad loans, was placed under temporary state control last October.