BOJ disbursed $66.4b in loans to stimulate bank lending

The outstanding balance of 6 major banks is at $218b.

The Bank of Japan (BOJ) has disbursed over $66.4b (JPY9.85t) in loans to 86 borrowers as of March 2024, under its fund-provisioning measure to stimulate bank lending.

As of 18 March 2024, 6 major banks have a total outstanding balance of $218b (JPY32.34t); whilst 111 regional banks have an outstanding balance of $309.79b (JPY45.95t) with the central bank.

Meanwhile, the outstanding balance of loans to the central organizations of financial cooperatives for their member financial institutions without a current account at the BOJ is over $16.9b (JPY2.51t).

(US$1 = JPY148.35; as of 15 March, 12:29 PM)