
Japan Post may be allowed to expand into lending business
TOKYO July 25 Kyodo -The government is considering revising laws to enable Japan Post to extend mortgages and other types of loans following a planned privatization of the government-backed organization...At present, the postal savings law effectively bans Japan Post from lending money even though it accepts deposits.
....also see the thread: Ripplewood-Jaws getting into the loan sharking biz