Multiple choice

Which subsidiary of Long Tern Credit Bank of Japan was declared as insolvent?

  1. Japan Factoring Company

  2. Tokyo Hire Purchase Company

  3. Japan Leasing Corporation

  4. Tokyo Finance Corporation

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Japan Leasing Corporation, a subsidiary of the Long Term Credit Bank of Japan, filed for bankruptcy/insolvency in the late 1990s.