Special bank inspections have found that the disposal of soured loans made headway toward the close of fiscal 2001.
The 13 major banks reportedly chalked up 8.4 trillion yen in losses stemming from the disposal of bad loans for the year, 1.9 trillion yen more than estimated in September.
The Financial Services Agency plans to announce the results of the inspections Friday. Those banks are then also to announce six-item financial data, including their capital-to-asset ratios, net profits from core banking operations and pretax profits or losses.