TOKYO: Overall bank lending in Japan was up 2.6 percent on year in September, the Bank of Japan said on Tuesday, coming in at 491.312 trillion yen. That was shy of forecasts for 2.7 percent, which would have been unchanged from the previous month.
Excluding trusts, bank lending also was up 2.6 percent to 427.163 trillion yen. That was beneath forecasts for 2.8 percent, which would have been unchanged from the August reading. Lending from trusts gained 2.2 percent to 64.149 trillion yen, while lending from foreign banks added 0.2 percent to 1.926 trillion yen.
