Asian Economic News

Japan Bank Lending Rises 2.2% On Year In June

Overall bank lending in Japan was up 2.2 percent on year in June, the Bank of Japan said on Friday, standing at 403.640 trillion yen. That follows the 2.1 percent annual increase in May.

Including trusts, bank lending was up 1.9 percent on year to 465.282 trillion yen following the 1.8 percent gain in the previous month.

Lending from trusts alone was roughly flat, standing at 61.642 trillion yen.

Lending from foreign banks dipped 12.6 percent to 1.969 trillion yen following the 10.6 percent contraction a month earlier.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Asian Economic News