boj minutes, 2002-02-08
This member said that the fall in bank stock prices was a warning from the market, which demanded progress in disposal of NPLs and an early determination of the final amount of losses, and the member strongly emphasized that (1) a decisive disposal of NPLs should be started, and (2) an early injection of public funds into banks which could not strengthen their capital bases by themselves should be implemented.
Sentiment: neutral
Topic: financial_stability