Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance, and Minister of State for Financial Services
(Excerpt)
(Friday, October 5, 2018, 10:46 am to 10:59 am)
[Questions and answers:]
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Q.
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I have recognized that the preparations for administrative actions against Suruga Bank are in the final stage. What kind of makeover or turnaround are you expecting from the bank following these administrative actions?
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A.
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We are not yet at a stage when I can make specific comments about administrative actions but, regardless of whether or not administrative measures are to be taken, the bank must properly and safely manage customers’ assets. It is natural that the bank must do so in a transparent manner, as we have been insisting all along, irrespective of whether or not they are subjected to administrative actions. We will closely watch the banks’ operations by its management team but, in any case, the bank’s business must be operated in a proper manner.