Japan Feb bank loans fall 1.5 pct – BOJ

(For more stories on the Japanese economy, click [ID:nECONJP])

TOKYO, March 8 (BestGrowthStock) – Outstanding loans held by Japanese
banks fell 1.5 percent in February from a year earlier, matching
a decline in January which was the biggest annual drop in four
years, the Bank of Japan said on Monday. [JPBNK=ECI]

Loans held by the country’s four main categories of banks,
including “shinkin” or credit unions, stood at 463.346 trillion
yen ($5.1 trillion).

Excluding factors such as loan write-offs, the loan balance
fell 1.3 percent from the same month a year earlier.

Following is a table of Japanese bank lending and outstanding
commercial paper held by banks (preliminary, with year-on-year
percentage changes; some previous figures may be revised):

FEB JAN DEC
Banks including shinkin: -1.5 -1.5 -1.0
Banks excluding shinkin: -1.6 -1.7 -1.2
Outstanding CP held by banks: -29.1 -23.7 -15.7

To view the full tables, go to
http://www.boj.or.jp/en/type/stat/boj_stat/kashi/kasi1002.pdf

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(Reporting by Leika Kihara)

Japan Feb bank loans fall 1.5 pct – BOJ