State-backed lender Shoko Chukin handed out ¥265 billion in shady loans, internal probe finds
An internal probe at Shoko Chukin Bank, the government-backed lender for small and midsize companies that is mired in a scandal over improper financing, has found it handed out ¥265 billion ($2.3 billion) in shady loans, the bank said. Shoko Chukin President Kenyu Adachi said ...
Government officials Wednesday raided the offices of Shoko Chukin Bank, a state-linked lender for small and medium-sized firms, over improper loans issued under a state-backed program to help crisis-hit companies. The Financial Services Agency, the Ministry of Economy, Trade and Industry and the Finance Ministry ...
The government on Tuesday issued a business improvement order to Shoko Chukin Bank, a government-linked lender for small and medium-size firms, found to have extended shady loans and falsified documents related to a state-backed program to help crisis-hit companies. The Ministry of Economy, Trade and ...
