Since 1975
  • facebook
  • twitter
  • Home
  • Business
  • BOJ: Japan’s banking system stable but rising global rates a risk

BOJ: Japan’s banking system stable but rising global rates a risk

Japan's banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms. (AFP)
Japan's banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms. (AFP)
Short Url:
21 Oct 2022 04:10:32 GMT9
21 Oct 2022 04:10:32 GMT9

Japan’s banking system remains stable as a whole but rising overseas interest rates could worsen the creditworthiness of highly leveraged firms, the Bank of Japan said on Friday.

“Financial institutions’ valuation losses on securities have increased recently. Such losses could increase further depending on future interest rate developments,” the central bank said in a semi-annual report on Japan’s financial system.

Reuters

topics
Most Popular
Recommended

return to top

<