LCTBLicking County Transit Board
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(2) Nishigaki Akira & Shimomura Yasutami, The Economics of Development Assistance: Japan's ODA in a Symbiotic World, LCTB International Library Foundation, Tokyo, 1999.
The possible loss to taxpayers includes the 3.6 trillion yen the government spent to cover LTCB's net liabilities and losses as well as losses under a special loss-coverage clause in the LCTB sales contract requiring the government to buy back claims on loans after a sharp drop in their value.
23 Kyodo Prime Minister Keizo Obuchi assured customers of the Long-Term Credit Bank of Japan (LCTB) on Friday that their deposits, bank debentures and other claims on the bank will be fully protected even after LTCB is temporarily nationalized.