Negative Interest Rate
Japan banks clinch $1.98b boost in interest income after policy shift
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
Mizuho Bank charged $6.75b negative interest rate by BOJ
This is the first time in 7 months that a megabank was charged.
Thought Leadership Centre
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1. HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory 2. Japan’s SMBC invests in biotechnology fund 3. Hong Kong, China launch Payment Connect for faster cross-border payments 4. Metrobank names Renato De Borja, Jr. as head of financial & control sector 5. PBCOM appoints new treasury trading team headResource Center
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He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
