SAPPORO – A top financial regulator expressed readiness Tuesday to replenish the depleted capital accounts of credit unions if they can find other capital contributors in addition to the national government.
“Decisions to provide aid to credit unions by local governments and chambers of commerce and industry would be a key factor” in motivating the national government to help replenish such lenders’ capital bases, Financial Services Agency Commissioner Shoji Mori told a news conference.
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