TOKYO: For all the rhetoric of cleaning up banks' bad loan mess once and for all, Japan is expected to hold back on radical action as it tries to shield banks from a financial crisis without triggering one on the way.
The next few weeks will see financial regulators making public their latest assessment of top banks' loans, but analysts say the “special inspections” will fail to bring about major results such as weeding out huge problem loans and forcing banks to pull the plug on some of their weakest borrowers.