SPECIAL FEATURE - Dealing with bad loans the Taiwanese way
The formation of local asset management companies and a resolution trust company are two ideas put forward by Taiwan's bureau of monetary affairs to help deal with the country's mounting bad loans. Dominic Jones talks to two key executives in the bureau, Shiau Chang-Ruey, deputy director of community financing, and Philip Ong, director of foreign banks and international affairs, about what more needs to be done.
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