The head of Resolution and Collection Corp. voiced willingness Friday to boost ties with the planned state-backed industrial revival body that will be tasked with buying bank loans extended to troubled firms in an effort to help rehabilitate the companies in question.
"I expect that a liaison conference between us and the preparatory office of the new institution will be convened," RCC President Akio Kioi told a news conference.
RCC is a state-run debt collector that buys up banks' bad loans and tries to recover as much money as possible.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.