{
    "success": true,
    "data": {
        "id": 1401233,
        "msgid": "lyonnais-makes-ri-provisions-1447893297",
        "date": "1998-05-20 00:00:00",
        "title": "Lyonnais makes RI provisions",
        "author": null,
        "source": "REUTERS",
        "tags": null,
        "topic": null,
        "summary": "Lyonnais makes RI provisions PARIS (Reuters): French state-owned bank Credit Lyonnais has made US$40 million in special provision for Indonesia risks and has cut its outstanding debt to South Korean companies by 25 percent in 1998. The bank yesterday confirmed statements by its chairman Jean Peyrelevade made at a Hong Kong symposium and reported in French newspapers. Credit Lyonnais has a three billion franc overall provision for Asia risks which it has not touched.",
        "content": "<p>Lyonnais makes RI provisions<\/p>\n<p>PARIS (Reuters): French state-owned bank Credit Lyonnais has<br>\nmade US$40 million in special provision for Indonesia risks and<br>\nhas cut its outstanding debt to South Korean companies by 25<br>\npercent in 1998.<\/p>\n<p>The bank yesterday confirmed statements by its chairman Jean<br>\nPeyrelevade made at a Hong Kong symposium and reported in French<br>\nnewspapers.<\/p>\n<p>Credit Lyonnais has a three billion franc overall provision<br>\nfor Asia risks which it has not touched.<\/p>\n<p>In South Korea, Credit Lyonnais has outstanding loans which<br>\nare for 80 to 90 percent concentrated on the top five<br>\nconglomerates. It had $5.0 billion in loans outstanding to South<br>\nKorean companies at the end of the year.<\/p>\n<p>The extra provision for Indonesia has been charged to the<br>\noperating profit for the first four months of the year.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/lyonnais-makes-ri-provisions-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}