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Japanese Loan Demand Increases In Q1

4/20/2012 12:41 AM ET

Loan demand from firms, local governments and households increased over the first three months of 2012, a senior loan officer opinion survey conducted by the Bank of Japan showed Friday.

The index for corporate fund demand came in at 6, up from -2 in the prior quarter. Likewise, demand for loans from local governments and households improved to 7 from zero.

While loan demand for large and small sized firms increased in the first quarter, it fell for medium-sized firms. The survey was carried out between March 9 and April 11, participating 50 banks.

Loan officers expect corporate loan demand to fall to 3 in the coming three months.

by RTT Staff Writer

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