TOKYO: Overall bank lending in Japan was up 2.6 percent on year in July, the Bank of Japan said on Monday, coming in at 489.397 trillion yen.
That was in line with expectations, and up from the 2.5 percent increase in June.
Excluding trusts, bank lending advanced 2.7 percent to 425.614 trillion yen – up from the 2.6 percent gain in the previous month.
Lending from trusts added an annual 2.0 percent to 63.783 trillion yen, while lending from foreign banks tumbled an annual 12.9 percent to 1.829 trillion yen.
