Japan banking system stable, divergence seen in profitability: BOJ
[TOKYO] Japan's financial system remains stable as a whole but there is a growing divergence between regional banks that are profitable and those that are suffering, the Bank of Japan said on Monday.
"Core capital ratios for domestic banks have gradually declined recently," as they have difficulty making profits that match the risks, the BOJ said in a twice-yearly report scrutinising Japan's financial system.
The report said there was no excess risk-taking seen in Japan's banking system. But it warned that many banks were increasing lending to middle-risk borrowers and for property investment.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
Barclays Q1 profit falls 12% as mortgage competition, deals drought hit
Deutsche Bank Q1 profit jumps 10% as investment bank outperforms
Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip
Morgan Stanley Asia private equity unit to reorganise as CEO retires
US seeks 36 months’ jail for Binance founder Zhao