(Provisional Translation)
June 22, 1999
Financial Supervisory Agency
Results of the Inspection on the Regional Banks (64 banks) |
Results of the inspection on the regional banks (64 member banks of the Association of Regional Banks) are as follows:
1. | Assessment as of March 31, 1998 |
||||||||||||||||||||||||||||
2. | Credit Quality Assessment
(Note) Round off to 100 million yens. |
For further imformation, please contact: Mr.Kurosawa |
(Provisional Translation)
Results of the Inspection on the
Regional Banks (64 banks)
The Financial Supervisory Agency (FSA), in collaboration with the Local Finance Bureau
of the Ministry of Finance and the Bank of Japan, carried out an intensive inspection on
the regional banks (64 member banks of the Association of Regional Banks), on the basis of
the banks' self-assessment report as of end-March 1998. Results of the inspection are as
follows (see appendix for details):
1. | Results of the credit-quality-assessment (as of end-March 1998; after the
write-off/allowance)
|
|||||||||||||||||||||||||||||||||||
2. | Adequacy of write-off/allowances (as of end-March 1998)
|
Summary of the operation
Objective | Inspection of soundness of asset ,Y2K,etc. | |||||||||
Inspected Banks | 64 banks: Tohoku Bank, 77 Bank, Ashikaga Bank, Kanto Bank, Bank of Yokohama, Hokuriku Bank, Nanto Bank, Bank of Ikeda, Bank of Hiroshima, Bank of Ryukyus,
Hokkaido Bank, Shonai Bank, Yamagata Bank, Toho Bank, Gunma Bank, Musashino Bank, Chiba Bank, Hokuetsu Bank, Yamanashi Chuo Bank, Hachijuni Bank, Suruga Bank, Ogaki Kyoritsu Bank, Mie Bank, Hyakugo Bank, Toyama Bank, Fukui Bank, Shiga Bank, Senshu Bank, Kiyo Bank, Tajima Bank, Tottori Bank, San-in Godo Bank, Chugoku Bank, Awa Bank, Hyakujushi Bank, Bank of Fukuoka, Nishi-Nippon Bank, Shinwa Bank, Higo Bank, Kagoshima Bank,
Aomori Bank, Michinoku Bank, Akita Bank, Hokuto Bank, Bank of Iwate, Joyo Bank, Chiba Kogyo Bank, Tokyo Tomin Bank, Daishi Bank, Juroku Bank, Shizuoka Bank, Shimizu Bank, Hokkoku Bank, Bank of Kyoto, Bank of Osaka, Yamaguchi Bank, Iyo Bank, Shikoku Bank, Chikuho Bank, Bank of Saga, Eighteenth Bank, Oita Bank, Miyazaki Bank, Bank of Okinawa,
|
|||||||||
On-site
inspection period |
from August 24 to December 21, 1998 | |||||||||
Average number
of inspection days per bank |
16.8 days /bank | |||||||||
Average number
of inspectors per bank |
9.1 inspectors/bank | |||||||||
Average number
of inspected debtors per bank |
3,674 debtors /bank | |||||||||
Average sampling rate | 56.1%
|
|||||||||
Standard of classification |
|
APPENDIX
1.
Accuracy of self-assessment results
|
Note 1: | "Credit" refers to the collective term of the following: loans and bills discounted, securities loaned, foreign exchanges (those due from foreign banks, foreign bills bought or receivable) , customers' liabilities for acceptances and guarantees, accrued interest, and suspense payments. |
Note 2: | "Category IV on Self-assessment(b) " includes the classified credits in the trust accounts (3.7 billion yens). |
(Difference of the Ratios) |
(Number of banks) | |
less than 1.0 % | 33 banks | |
1.0 % ~ less than 2.0 % | 12 banks | |
2.0 % and over | 19 banks |
2. Adequacy of write-off/allowance results
|
Note : | 'The FSA assessed write-off/allowance amount (2)' is calculated on the basis of banks' write-off/allowance standards. |
(Insufficiency ratio) |
(Number of banks) | |
less than 0.15% | 31 banks | |
0.15% ~ less than 0.55% | 20 banks | |
0.55% and over | 13 banks |
REFERENCE
1. | Allowance ratios (self-assessment basis)
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2. | Details of credits classified as category II
|