Japanese banks see loans and deposits rise in November

Foreign banks saw their total yen-denominated loans jump 25.2% YoY.

Financial institutions (FIs) in Japan reported approximately $4.18t (JPY626.92t) in total loans by end-November 2024, 3% year-on-year (YoY) higher than in November 2023, data from the Bank of Japan (BOJ) showed.

Total loans held by major and regional banks was 3% YoY higher at $3.66t (JPY549.16t). Of this, $1.67t (JPY250.62t) loans were held by major banks.

Major banks include Mizuho Bank, MUFG Bank, Sumitomo Mitsui Banking Corporation, Resona Bank, Mitsubishi UFJ Trust and Banking Corporation, Mizuho Trust and Banking Company, Sumitomo Mitsui Trust Bank, Saitama Resona Bank, SBRI Shinsei Bank, and Aozora Bank.

Foreign banks saw a 25.2% YoY jump in total loans held to almost $32b (JPY4.8t).

Over the same period, total deposits held by FIs in Japan rose by 1.2% YoY to over $6.99t (JPY1,049t).

(US$1 = JPY 149.97; as of 9 December 2024)

Follow the link s for more news on

Mitsubishi UFJ Financial Group

Mizuho Bank

Mizuho Financial Group

MUFG

MUFG Bank

Sumitomo Mitsui Banking Corporation

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