SBI to Fully Repay Public Funds Next Month

HEADLINES

Tokyo, June 25 (Jiji Press)–SBI Holdings Inc. said Wednesday that the Japanese financial group will complete on July 31 repayment of public funds poured into its banking unit, a move that marks the end of the aftermath of a financial crisis triggered by the bursting in the early 1990s of asset-inflated bubbles in Japan. Although a specific scheme to repay the 230-billion-yen funds SBI Shin…

Tokyo, June 25 (Jiji Press)–SBI Holdings Inc. said Wednesday that the Japanese financial group will complete on July 31 repayment of public funds poured into its banking unit, a move that marks the end of the aftermath of a financial crisis triggered by the bursting in the early 1990s of asset-inflated bubbles in Japan. Although a specific scheme to repay the 230-billion-yen funds SBI Shin…