In this regard, not only financial institutions, the lenders, but also borrower firms are required to implement major reforms of their business management for the resolution of the NPL problem. B. Financial Institutions' Measures to Address the NPL Problem  The NPL problem, which is related to both financial institutions and borrowers, should be addressed primarily by the former.
In fact, large banks announced the major steps they would take to achieve the projected results of disposal of NPLs for fiscal 2001 in autumn 2001 when announcing their financial results for the first half of fiscal 2001.