[0] JBA backs privatization of 3 key postal services.

Fuji Bank President Yoshiro Yamamoto, who was appointed chairman of the Japanese Bankers Association (JBA) Tuesday, hopes to balance the conditions for competition between postal savings and private financial institutions, he said in an interview with The Yomiuri Shimbun.

Yamamoto is set to call for privatizing three main postal services, as has been advocated by the newly elected Liberal Democratic Party President Junichiro Koizumi.

Yomiuri Shimbun: What are your plans for your tenure at the JBA?

Yamamoto: I would like to create a balanced financial environment so the huge state-run postal savings system and private financial institutions can …