TOKYO -- Japanese agricultural lender Norinchukin Bank is considering raising 1.2 trillion yen ($7.7 billion) in capital, aiming to cover unrealized losses stemming from the declining value of overseas bond holdings.
Finance
Japan's Norinchukin Bank eyes raising $7.7bn in fresh capital
Agricultural institution to cover unrealized losses on bond holdings
Norinchukin Bank serves the Japanese agriculture sector.
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