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BOJ admits its policies have put pressure on banks

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The BOJ report flags the possible risks of a rise in property lending. It draws attention to developments in the real estate market and to financial-stability risks that could arise if competition among financial institutions intensifies.

Tokyo

THE Bank of Japan (BOJ) has acknowledged that its aggressive monetary easing tactics have eaten away the lending margins of banks and could send them into a lending scramble aimed at making up for declining income.

In its latest Financial System Report on Monday, the central

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