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2:27 GMT
13
Jan 2009

Japan Bank Lending +4.1% on Year in Dec

(RTTNews) - Japanese bank lending to banks excluding trusts was up 4.1 percent on year, the Bank of Japan said on Tuesday, up from the 3.6 percent annual gain in November. Including trusts, lending was up 3.7 percent on year from the 3.2 percent annual gain in the previous month. Seasonally adjusted, lending was up 4.6 percent compared to 4.1 percent a month earlier.

M2 money supply was up 1.8 percent on year, matching the revised figure from the previous month and beating forecasts for a 1.7 percent annual jump. M3 money stocks were up 0.8 percent in December, topping the revised gain of 0.7 percent in November and also beating forecasts for a 0.6 percent gain.

The broad measure of liquidity eased 0.3 percent compared to the previous month.

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Posted in Categories: Economy, Japan, Releases.

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