07 Oct Japan Bank Lending
Posted at 15:01h in Japan
The value of loans in Japan increased 2.10 percent in August of 2019 over the same month in the previous year. Loan Growth in Japan averaged 0.04 percent from 2001 until 2019, reaching an all time high of 3.60 percent in December of 2008 and a record low of -5 percent in October of 2002. In Japan, bank lending refers to the year-on-year change of all outstanding loans and discounts with banks and shinkin banks. Lending increases with increased business confidence and investment and it is an important indicator for the Japanese economy because of the weakness that has plagued the Japanese banking sector. This page provides the latest reported value for – Japan Bank Lending – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.