Norinchukin Bank Projects Net Loss of 1.9 T. Yen

Norinchukin Bank Projects Net Loss of 1.9 T. Yen

   Tokyo, Feb. 20 (Jiji Press)--Norinchukin Bank said Thursday it expects to incur a net loss of around 1.9 trillion yen in the fiscal year ending next month.
   The Japanese lender also said its president, Kazuto Oku, will step down as of March 31. Managing Executive Officer Taro Kitabayashi will be promoted to president on April 1.

To read a full story, please click here to find out how to subscribe.

(C)JIJI PRESS LTD., All rights reserved.