Chuo Mitsui Trust & Banking Co. has adopted interest rate-based criteria to clarify the definition of problem loans.
The major trust bank has set base rates at the short-term prime lending rate for loans of up to one year; the prime plus 0.3 percentage point for loans of up to three years; the prime plus 0.5 percentage point for loans of up to five years; and the long-term prime rate for loans of more than five years, bank officials said.
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