Overall bank lending in Japan was up 0.4 percent on year in May, the Bank of Japan said on Friday, standing at 394.442 trillion yen - in line with forecasts following the 0.4 percent annual expansion in April.
Including trusts, bank lending collected 0.3 percent on year to 456.206 trillion yen, also matching forecasts after rising 0.3 percent in the previous month.
Foreign bank lending plummeted 21.7 percent on year to 2.234 trillion yen following the 22.7 percent annual plunge a month earlier.
by RTT Staff Writer
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