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.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. UOB unveils FDI Advisory Centre in South Korea 3. Singapore places fourth for most ‘ATMs near me’ Google searches 4. Singapore’s financial sector turns to contract hiring for cost control 5. Mizuho buys tech-based carbon dioxide removal creditsResource Center
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PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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