BIS Press Release

PRESS RELEASE - Asia/Pacific nations declare that quick disposal of non-performing loans is vital for strengthening financial systems, 14 October 2002.

The Financial Stability Forum (FSF) has just concluded its second regional meeting in the Asia-Pacific region, held over the past two days in Beijing, China. Senior representatives from finance ministries, central banks, and supervisory and regulatory authorities of 6 FSF member economies and 9 regional non-member economies attended the meeting