Growth in bank lending accelerated for the first time in eight months in August as property-related financing expanded, the Bank of Japan said Monday.
Loans excluding trusts rose 0.5 percent from a year earlier, quickening from a 0.3 percent gain in July. Lending adjusted for currency fluctuations, bad-loan writeoffs and securitizations increased 1.3 percent compared with a revised 1.2 percent in July.
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