Japanese already active in Devín banka

According information received by the daily paper Sme, the Japan Grade One financial house has already transferred $62 million onto the account of Slovak Devín banka with a view to raising the latter's basic capital to meet Slovak central bank requirements.

Under new banking legislation, expected to be passed by parliament next month, Devín banka's current capital adequacy ratio would be below the level at which the finance house's banking licence would have to be withdrawn by the central bank.

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