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Financial Health and Earning Power.

Asia Africa Intelligence Wire

| September 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Izumi Masaki

Hopes are rising for a revitalization of Japan's financial system. Together with the recovering economy and rebounding share prices, progress has been made in the disposal of non-performing loans (NPLs), while notable new developments toward strengthening earnings bases have begun to emerge, in which major banks have embarked on broadening investment banking operations for corporate clients and branching out into unsecured lending to individuals and small and medium-sized enterprises (SMEs) through alliances established with consumer finance companies.

In late June, the ...

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