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Tokyo takes steps to head off bad debts from rising condo loans

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Construction financing for new apartment blocks is likely to remain popular as the loan sizes are usually big and demand for capital spending is weak.

Tokyo

JAPAN is stepping up its supervision of bank lending amid growing concerns that a spurt of construction financing for new apartment blocks could be sowing the seeds for bad debts in the future, people involved in the matter say.

Small apartment and condominium block

sentifi.com

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