Furthermore, from the viewpoint of achieving multiple targets including not only the strengthening of capital base but also a reduction in capital cost and an increase in return on equity, banks should work toward the redemption of high-cost capital and an increase in internal reserves through higher profits.
Efforts have also been made to prompt the nation’s largest banks that syndicate large loans to address the Year 2000 readiness of their borrowers. Through the Shared National Credit Program, banks that syndicate credits over $ million are asked to provide the banking agencies with information pertaining to the banks’ efforts to assess the readiness of the borrowers.