The balance of loans provided by banks and credit unions to businesses and individuals averaged more than 577 trillion yen during the month of June, down for the third straight month from the previous month.

Although the level has remained high due to the influence of the new coronavirus, it seems that the demand for additional funds from companies is settling down.

According to the "Trends in Lending and Deposits" released by the Bank of Japan, the balance of loans provided by banks and credit unions to companies and individuals averaged 577,832.9 billion yen over the past month, down from the previous month.



The decrease is for the third consecutive month.



Although the loan balance has been at a high level since last year due to the influence of the new coronavirus, the Bank of Japan thinks that the demand for additional borrowing among companies is settling down.



Regarding the future outlook, he said, "The balance of loans is expected to continue to decrease, but some industries such as food and beverage and accommodation continue to have tight cash flow, so I would like to watch carefully." ..



On the other hand, deposits by companies and individuals reached an average of 834,014.4 billion yen for the month of June, a record high for the fourth consecutive month, due to the movement to refrain from consumption.