Local News

Fukuoka Prefectural Loans Not Being Paid

Of the ¥16.5 billion in loans Fukuoka Prefecture has given out to affiliated organizations, only 2%, or ¥278 million has been paid back. 17 organizations have received loans and five of these have agreed on a repayment plan. Repayments from these groups vary from ¥6.98 million to ¥157.5 million by 2016. The Fukuoka Prefecture Government is acknowledging that some of the organizations cannot make repayments but are asking for their full cooperation.

Category
Business
Published: Jun 21, 2012 / Last Updated: Jun 21, 2012

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