"Why should the banks forgive the debt on a unilateral basis?"

Procter & Gamble said that the bank forgave 83 percent of the debt.

Maybe the banks have forgiven me, I dont really know.

The employees receive a zero-interest loan of up to $8,000, which the bank forgives over five years.

These matters involved how much debt the banks would forgive.

The construction industry is politically favored in Japan, and the banks have already forgiven the debts of seven other construction companies since this summer.

In Honduras, although the government pressed banks to forgive part of the farmers' debts, lenders have been hesitant.

He responded positively when asked whether the banks holding the debt might forgive some of it.

International Argentina and its foreign bank lenders agreed on a plan in which the banks will forgive about $8 billion in debt.

The $72 million charge indicates that the bank forgave another $46 million with customers that have not been made public.