Japan Overall Bank Lending Rises 3.4% On Year In May

By RTTNews Staff Writer   ✉   | Published:

Overall bank lending in Japan was up 3.4 percent on year in May, the Bank of Japan said on Thursday - coming in at 602.335 trillion yen.

That exceeded expectations for an increase of 3.1 percent and was up from 3.2 percent in April.

Excluding trusts, lending climbed an annual 3.8 percent to 525.376 trillion yen - accelerating from 3.5 percent in the previous month.

Lending from trusts rose 1.1 percent on year to 76.959 trillion yen, steady from the previous month.

Lending from foreign banks spiked an annual 8.7 percent to 3.729 trillion yen, up from 8.1 percent a month earlier.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.