Tokyo: The Bank of Japan announced on Tuesday that overall bank lending in Japan rose by 2.8 percent year-on-year (YoY) in June, reaching 639.746 trillion yen.
According to Emirates News Agency, the growth surpassed forecasts which had predicted a 2.3 percent increase, and it was also higher than the 2.4 percent growth recorded in May. Excluding trusts, lending saw an annual increase of 3.0 percent, reaching 561.432 trillion yen. Meanwhile, lending from trusts grew by 1.3 percent year-on-year to 78.314 trillion yen.
Lending from foreign banks experienced a significant surge, rising by 26.2 percent year-on-year to 5.730 trillion yen, an acceleration from the 25.7 percent growth observed in the previous month. For the second quarter of 2025, overall lending in Japan was up by 2.5 percent on a yearly basis.