Overall bank lending in Japan was up 2.7 percent on year in November, the Bank of Japan said on Friday - coming in at 518.099 trillion yen.
That was below expectations for a gain of 2.8 percent, which would have been unchanged from the previous month.
Excluding trusts, bank lending also was up an annual 2.7 percent to 450.486 trillion yen - again missing forecasts for 2.8 percent, which would have been unchanged.
Lending from trusts was up 2.6 percent on year to 67.613 trillion yen, while lending from foreign banks tumbled an annual 7.7 percent to 2.245 trillion yen.
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December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.