The Financial Services Agency plans to appoint inspectors specializing in each of the nation's 12 major banks to enhance supervision and expedite bad-loan disposals, sources close to the FSA said Wednesday.
The inspectors will be tasked with making each bank book credit costs by monitoring the business performance and share prices of their corporate borrowers, the sources said.
The FSA is seeking to revive confidence within global financial markets regarding efforts to dispose of the bad loans plaguing the nation's banking sector, the sources said.