• Bloomberg


Bank lending accelerated in October for the third straight month as loans to individuals grew and companies posted higher profits on exports.

Loans excluding trusts rose 0.7 percent from a year earlier, the Bank of Japan said Thursday, marking the first three-month expansion since April 2006. Lending adjusted for currency fluctuations, bad-loan writeoffs and securitizations climbed 1.4 percent for the second consecutive month.

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