October loan balance fell below the previous month for the first time in 8 months Repayment movements at some large companies November 10 11:32
The balance of loans from banks and credit unions to businesses and individuals fell below the previous month for the first time in eight months last month.
This is because large companies with strong business performance are repaying loans, but loans to small and medium-sized companies with tight cash flow are still at a high level.
According to the "Trends in Lending and Deposits" released by the Bank of Japan on the 10th, the balance of loans made by private banks and credit unions nationwide to companies and individuals averaged 573.34.1 trillion yen in the last month, 8 or more. It has decreased from the previous month for the first time in a month.
Bank lending increased every month from March to September due to the influence of the new coronavirus, reaching a record high, but some large companies, etc., whose production activities have begun to recover, will repay the loan. It means that there is movement.
On the other hand, loans from regional banks and credit unions, which often lend to small and medium-sized enterprises and sole proprietors with tight cash flow, continue to increase, and the loan balance in October reached record highs for both regional banks and credit unions.
The Bank of Japan said, "As the effects of the new coronavirus have been prolonged, the strength of demand for funds has differed depending on the format and size of the company. In particular, many small and medium-sized enterprises need funds at the end of the year or at the end of the year. We need to look carefully at the cash flow of the company. "