Japan finmin says banks are raising capital smoothly

Related Topics

Mon May 18, 2009 9:59pm EDT

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO May 19 (Reuters) - Finance Minister Kaoru Yosano said on Tuesday that the Japanese financial system remained sound and banks were raising capital smoothly.

"Banks' capital raising has met with strong demand and is going smoothly," Yosano told a news conference after a cabinet meeting. (Reporting by Hideyuki Sano)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.