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DKB PRESIDENT SUGITA SPEAKS TO REPORTERS AT TOKYO NEWS CONFERENCE, 1999-03-08 (photo)

IMAGE number
REU8446510
Image title
DKB PRESIDENT SUGITA SPEAKS TO REPORTERS AT TOKYO NEWS CONFERENCE, 1999-03-08 (photo)
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Medium
photograph
Date
1999 AD (C20th AD)
Shooting Date
1999-03-08
Image description

Dai-ichi Kangyo Bank (DKB) President Katsuyuki Sugita announces changes in his bank operations following an injection of 900 billion yen ($7.389 billion) in capital from the government during a news conference in Tokyo March 8. Sugita said the bank would expand domestic loans by 100 billion yen ($82.1 million) in the fiscal year beginning April 1. Leading Japanese banks including DKB had earlier applied for more than seven trillion yen ($57.5 billion) in public funds amid hopes for a new order in Japan's messy financial sector. ES/DL

Photo credit
REUTERS / Bridgeman Images
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