Re: R1 habe es geschafft es reinzustellen

verfasst von 2good4you, 19.12.2001, 22:12

>WIDERSPRUCH!!!!
>z.B.:
>Unease grows at exposure of Japanese banks
>By David Ibison
>Published: December 18 2001 17:51 | Last Updated: December 18 2001 18:07
>
>Yoshio Yamamoto, the head of the Japanese Bankers Association, toed the party line on Tuesday when he said the sharp falls in the share prices of the country's banks"reflect excessive negative sentiment on banks' bad debt problems".
>But such official confidence in the continued strength of the banks is doing little to offset a growing sense of unease that has emerged in the three months following last September's collapse of the retailer Mycal with debts of ¥1,388bn ($10.8bn).
>While politicians and bankers continue to insist the stock market is acting irrationally in pushing bank shares lower, far more attention is being paid to a list of 66 companies whose financial position is similar to Mycal's before it went under.
>Mycal's demise was of particular significance in Japan. Until it went bankrupt, it was considered relatively healthy. Its main bank regarded its loans to the company as broadly safe and made credit available until the moment it went under.
>"The Mycal case raises the question of how many more large companies are out there teetering on the brink while banks and analysts continue to trumpet their revival prospects," said The Oriental Economist, a newsletter linked to Toyo Keizai, one of Japan's most respected economic magazines.
>"It also makes it more likely that those companies that are actually on the brink of going under will indeed do so, since banks are slowly becoming more accustomed to pulling the plug on formerly protected borrowers."
>The list was compiled by Toyo Keizai, which examined the country's 3,394 listed companies looking for common links with Mycal. It chose as its criteria a share price of under ¥150, no dividend disbursement and non-consolidated interest bearing liabilities of at least ¥50bn.
>The result was a list of companies that spans the Japanese corporate world, with the construction industry the most vulnerable and metals companies, heavy industry and trading companies also looking troubled.
>Some of the better known companies on the list are Marubeni and Nissho Iwai, the trading companies, Isuzu Motors, the carmaker, Tokyu Department Store, the retailer, and Kumagai Gumi, the construction company.
>Others include Hazama, a construction company, NKK, the steel company, Sumitomo Heavy Industries, Kawasaki Heavy Industries and Hitachi Shipbuilding.
>Like Mycal, most on the list are being treated by banks as if they are broadly safe, prompting fears that apparently healthy companies are in a worse state than the banks are aware - or choose to admit.
>The Financial Services Agency, the chief banking regulator, uses five categories to assess borrowers. Category 1 is normal; Category 2 - requiring attention; Category 3 - needing special attention; Category 4 - near bankruptcy; and Category 5 - bankrupt.
>Mycal was a Category 2 borrower and went straight from there to bankrupt. Of the 66 companies on the list, 37 are Category 2 borrowers while 23 are Category 3.
>Japan's banks have to set aside differing amounts of provisions for loans depending upon which category they are in. A blatant danger area arose as a result of the banks being permitted to assess the health of their own loan books.
>The result has been that banks - in order to reduce provisions at a time when they were already under financial pressure - have either knowingly or unknowingly put problem companies in Categories 2 and 3 when they should have been categorised lower."Up to now banks have engaged in self assessment, with regulators either presuming the banks do a professional job or choosing to look the other way when they do not," the Oriental Economist said.
>The FSA has recognised this problem and is looking at the banks' books to try to gauge the true extent of their bad loans, and may require some companies to be demoted down the category scale.
>This will force them to set aside more provisions for the bad loans. The Oriental Economist estimates that if half the companies on the list were downgraded by one category, it would require between ¥800bn and ¥1,100bn in additional risk reserves.
>"It goes without saying that if such a scenario becomes reality, it would have a significant effect on Japan's already troubled banking sector," it said.
Sorry aber so etwas kann ich über jedes Land schreiben und ob die Zahlen stimmen who knows? aber etwas Wahrheit ist sicher dabei.Sieht es bei uns besser aus?

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gesamter Thread:

• R1 habe es geschafft es reinzustellen - 2good4you, 19.12.2001, 12:31
  • Re: R1 habe es geschafft es reinzustellen - XERXES, 19.12.2001, 14:07
    • Re: R1 habe es geschafft es reinzustellen - 2good4you, 19.12.2001, 22:12