Such loans totaled $1.46 billion at the end of last year.

The first three loans from a Washington bank totaled $10 million.

He was forced to take out two loans totaling about $10,000.

Bad loans now total more than $20 billion, Korean officials say, and many economists believe that the real figure is much higher.

Including accrued interest this loan will total $700 million by the year's end.

Such loans total more than $4 billion a year and account for the bulk of American military assistance to foreign countries.

The top 100 underlying loans total € 38 billion, equivalent to 49% of the overall.

In 1991, loans totaling $18,835 were paid back to the fund.

The year before that, the city granted 89 loans totaling $289 million.

He also failed to report two loans totaling $25,000 in 1983, the newspaper said.