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JTB CORP. TO BOOST ITS CAPITAL THROUGH DEVELOPMENT BOJ FUNDING

Published On 02 May 2021 04:30 AM


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Highlights –

  • JTB Corp. to boost its capital through Development BOJ funding.
  • JTB’s capital adequacy ratio stood at 11.4 percent.
  • JTB is expected to record a net loss of 100 billion yen in FY 2020.
  • Preferred shares are often used as a tool to boost a company's capital.

Sources suggest that Japanese travel agency JTB Corp. is considering boostin....


Tags : JTB CORP., DEVELOPMENT BANK OF JAPAN, PREFERRED SHARES, JTB NET LOSS, PANDEMIC, CORONAVIRUS PANDEMIC, MIZUHO BANK,
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