Banking on East Asia: Expansion and Retrenchment of Japanese Firms

  • Masahiro Kawai
  • Yuzuru Ozeki
  • Hiroshi Tokumaru


The Japanese banking sector is now going through major consolidation, reorganization, and restructuring on a scale unprecedented in its history, all against a background of an increasingly market-oriented policy environment and more deregulated and globalized financial markets. This process was set in motion and propelled along by the recent domestic and external shocks—that is, the asset disinflation at home that started in the early 1990s and led to the systemic banking crisis in 1997–1998, and the East Asian financial crisis that began in 1997 and deepened in 1998.


Banking Sector Foreign Bank East ASIA European Bank Capital Adequacy Ratio 
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Copyright information

© Vinod K. Aggarwal and Shujiro Urata 2002

Authors and Affiliations

  • Masahiro Kawai
  • Yuzuru Ozeki
  • Hiroshi Tokumaru

There are no affiliations available

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