(Reuters) - "The groundbreaking thing about the bill is the bankruptcy
law. Taiwan has never had a bankruptcy law before," said Joanna
Lei, a legislator from the main opposition Kuomintang Party.
Many lenders in Taiwan posted big losses in 2006 after
writing off a combined T$150 billion
non-performing loans, most of which were for credit cards and
cash cards, industry sources said.
Read more at Reuters.com Government Filings News
law. Taiwan has never had a bankruptcy law before," said Joanna
Lei, a legislator from the main opposition Kuomintang Party.
Many lenders in Taiwan posted big losses in 2006 after
writing off a combined T$150 billion
non-performing loans, most of which were for credit cards and
cash cards, industry sources said.
Read more at Reuters.com Government Filings News
No comments:
Post a Comment