Financial Wire

Japan Bank Lending Growth Accelerates to 4.8% in March

Japan's bank lending rose 4.8% in March from a year earlier, accelerating from the 4.5% growth in February, according to government data released Friday.Outstanding loans at major, regional and shinkin banks totaled about 667.021 trillion yen.Growth was led by major banks, where lending increased 6.3%, while regional banks saw a 4.3% rise. Shinkin banks posted a more modest 1.4% increase.

-- Japan's bank lending rose 4.8% in March from a year earlier, accelerating from the 4.5% growth in February, according to government data released Friday.

Outstanding loans at major, regional and shinkin banks totaled about 667.021 trillion yen.

Growth was led by major banks, where lending increased 6.3%, while regional banks saw a 4.3% rise. Shinkin banks posted a more modest 1.4% increase.