Apr 12, 2016

Negative rates failed to boost bank lending in March

Loan growth slowed to the weakest pace in three years in March, signaling the central bank’s introduction of negative interest rates has yet to spur credit in the world’s third-largest economy. Loans, excluding trusts, rose 2 percent from a year earlier, slowing from 2.2 ...

Dec 8, 2015

Bank lending in Japan up 2.3% in November

The average balance of bank lending in the country in November, excluding loans by shinkin (credit banks), rose 2.3 percent to ¥428.2 trillion, up for the 50th straight month, the Bank of Japan said Tuesday. Including shinkin, the total lending balance grew 2.3 percent ...

Japan Post Bank eyes launch of investment fund with local banks

Sep 29, 2015

Japan Post Bank eyes launch of investment fund with local banks

The state-backed Japan Post Bank Co. is considering setting up an investment fund with local financial institutions to support small- and medium-sized companies as it aims to diversify its fund management options, sources close to the matter said Tuesday. It would enable Japan Post ...

'Farmland bank' program off to a slow start

Aug 6, 2015

'Farmland bank' program off to a slow start

The government is to set to give more teeth to a “farmland bank” program aimed at boosting the competitiveness of Japan’s agricultural sector. The program is designed to consolidate small and scattered plots of farmland through “farmland banks” set up by all 47 prefectural ...

Mar 26, 2015

Shinsei Bank's Kudo tapped to become next president

Shinsei Bank plans to promote Managing Executive Officer Hideyuki Kudo, 51, to president in June. The appointment will be formalized at a meeting of the bank’s board after the general shareholders’ meeting on June 17. Kudo will succeed Shigeki Toma, 66, who is slated ...

Mar 11, 2015

FSA focusing on regional banks' lending operations

Inspections by the Financial Services Agency into regional banks have been focusing on how the institutions are addressing profitability in the crucial lending sector, according to sources. With regional banks experiencing falling profits from lending amid competition from so-called mega-banks and shinkin credit banks, ...

Dec 8, 2014

Lending data bucks recession with help from yen

Bank lending unexpectedly rose at its fastest pace since 2009, a positive sign in an economy that Prime Minister Shinzo Abe is trying to steer out of the deeper than expected recession. Loans, excluding lending by local “shinkin” credit banks that serve consumers and ...