Economic Buzz: Japans Bank Lending Rise 1.8% On Year In July

8 Aug 2022 , 12:18 PM

Overall bank lending in Japan was up 1.8 percent on year in July, the Bank of Japan reported – coming in at 588.232 trillion yen. That follows the downwardly revised 1.2 percent increase in June (originally 1.3 percent). Excluding trusts, bank lending was up 2.1 percent on year to 511.898 trillion yen, while lending from trusts was roughly flat at 76.333 trillion yen. Lending from foreign banks jumped 2.9 percent on year to 3.422 trillion yen after slipping 1.3 percent in June.Powered by Commodity Insights