Japan
Japan bank lending up 1.8% to record $4.36t in July: report
Companies are borrowing money due to the rising costs of raw materials, an official said.
Japan bank lending up 1.8% to record $4.36t in July: report
Companies are borrowing money due to the rising costs of raw materials, an official said.
Sumitomo Mitsui Financial Group posts strong Q1 profits
Profit growth was thanks to loan growth and fee income growth.
Japan fintech investments fall to five-year low in Q1
There were only eight investment transactions during the quarter.
Mizuho taps Deloitte partner as new exec, deputy compliance officer
The appointments are effective 1 June.
The Invoice Data Exchange Accelerates SME Banking Innovation
Innovation opportunities for payment digitalization in Japan.
Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak
The bank has the strongest capitalization amongst regional banks in Japan.
MUFG Bank joins think tank for CO2 and storage capture tech
CCS is expected to play a role in reducing CO2 emissions in the world.
Mizuho submits business improvement plan following tech failures
Mizuho most recently saw disruptions to its corporate online bank services on 11 January.
Mizuho reports disruption in corporate online banking services
This comes almost a year after Mizuho suffered system failure in early 2021.
Profits of Japan's megabanks to rise in next 12-18 months
All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
Japan’s rural banks embrace more risks in search of profits
Their greatest enemy is time as business opportunities need years to take fruit.
Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal
It is exiting the retail banking business to refocus on corporate transactions.
Japan’s new PM a positive for banks’ earnings outlook: Jefferies
Banks’ credit costs are expected to undershoot their guidance.
Japan’s Mizuho suffers nationwide ATM glitch
This follows a series of technical problems since Friday.
Mizuho, IFC inks MOU to establish carbon facility
It will facilitate the purchase and sale of voluntary carbon credits.
Japan’s bank lending slowest in nine years: report
The slowdown reflects sluggish consumption as households hoard cash.
Japanese corporates’ loan demand shrunk in April-June: survey
Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.