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Commodity Mid Session News

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(10 Oct 2024, 09:56)

Economic Buzz: Japan overall bank lending climbs 2.7% on year in September


The value of overall bank lending in Japan was up 2.7 percent on year in September, the Bank of Japan said on Thursday - coming in at 624.24 trillion yen.

Excluding trusts, lending was up an annual 3.1 percent at 546.61 trillion yen, while lending from trusts added 0.6 percent on year to 77.62 trillion yen.

Lending from foreign banks surged 24.8 percent on year to 5.284 trillion yen.

For the third quarter of 2024, overall lending was up 3.0 percent on year, lending excluding trusts rose 3.3 percent and lending from trusts was up 0.6 percent.

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