, Japan

Japan bank loans down by 0.3% in September

Japanese banks lent  0.3 percent less in September compared from a year earlier, reports Reuters.

 

This marks the 22nd straight month of annual declines, the Bank of Japan said on Thursday.
   
Outstanding loans held by the country's four main categories of banks, including "shinkin" or credit unions, stood at
455.3568 trillion yen or $5.887 trillion.
    
Excluding factors such as loan write-offs, the rounded figure for the change in the loan balance was minus 0.0 percent
compared with the same month a year earlier, the central bank said.  

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!