And if he needs to borrow money, domestic banks will lend at 42 percent interest.
Also included as equity investors are several domestic and foreign banks.
It was the largest such penalty ever assessed against a domestic bank.
But despite dire predictions in early 2002, no domestic bank has closed.
"I can't imagine many domestic banks who could buy Continental," he said.
First Chicago is the agent for $1.8 billion of the total credit line being obtained through 18 domestic and international banks.
Both foreign and domestic banks are included in the program.
He will meet officials of various domestic and foreign banks.
However, domestic banks in these countries are developing rapidly and taking market share.
By 1979, the number of domestic commercial banks was reduced from 15 to 9.
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