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Asian Economic News

Japanese Firms' Loan Demand Falls In April

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Japanese firms' loan demand decreased in April, while demand from households improved from prior quarter, a Senior Loan Officer Opinion Survey from the Bank of Japan showed Thursday.

The balance of demand for loans from firms fell to 5 from 8 in January. The survey was conducted between March 9 and April 12.

The balance measuring demand for loans from large firms dropped to 5 from 8 and that for medium-sized firms fell to -1 from 3. Small firms' demand slid slightly, with the gauge easing to 4 from 5.

Meanwhile, loan demand from households recovered in April. The balance rose to 9 from -1.

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