Bank and Shinkin Bank Loans Outstanding Record High May 13 at 9:14 pm
According to the “lending and deposit trends” announced by the Bank of Japan on April 13, the balance of loans to companies and individuals by private banks and credit unions in April was 553 trillion yen, more than 15 trillion yen compared to the same month of the previous year, The rate increased by 3%, which was the highest since January 2000 when we started collecting statistics.
The main reason for this was the increase in loans to companies and sole proprietors whose sales have fallen sharply due to the impact of the new coronavirus and their cash flow has become difficult.