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Japan August bank loans rise record 6.7% vs year earlier,,on September 8, 2020 at 12:02 am
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Japan August bank loans rise record 6.7% vs year earlier,,on September 8, 2020 at 12:02 am

TOKYO, Sept 8 – Japanese bank lending rose a record 6.7% in

August from a year earlier, the Bank of Japan said on Tuesday.

Outstanding loans held by the country’s four main categories

of banks, including “shinkin” or credit unions, stood at 573.79

trillion yen ($5.4 trillion).

The rise in August beat the previous record of a 6.4% gain

in July as lenders continued to boost loans to firms hit by the

coronavirus pandemic.

To view the full tables, go to

See Also

http://www.boj.or.jp/en/statistics/dl/depo/kashi/kasi2006.pdf

($1 = 106.2800 yen)

(Reporting by Chris Gallagher; Editing by Tom Hogue)

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