Japanese banks see record demand for corporate loans during pandemic - BOJ survey


By contrast, an index gauging households' demand for loans at commercial banks slumped to a record low of -24 from -7 three months ago, as lockdown measures keeping citizens at home hit consumption, according to the survey.

The government has deployed massive stimulus packages to cushion the blow of the coronavirus on the economy, while the BOJ has eased monetary policy twice this year to pump money into cash-strapped small firms.

(Reporting by Takahiko Wada and Leika Kihara; Editing by Ana Nicolaci da Costa)

((leika.kihara@thomsonreuters.com; +813-6441-1828; Reuters Messaging: leika.kihara.reuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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