The largest banks in Japan lost more than $2.7 billion due to anti-Russian sanctions
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Tuesday, 17 May, 2022, 12:18
The largest Japanese banking groups Mitsubishi UFJ, Sumitomo Mitsui and Mizuho lost a total of more than $2.7 billion in fiscal year 2021, which ended March 31. Most of the losses were caused by the introduction of anti-Russian sanctions, which led to the fact that customers were unable to repay the banks previously issued loans, reports TV channel NHK. |
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