Bank and credit union lending rises 5.3% in September; record high continues despite progress on rate hikes

According to the Bank of Japan, bank and shinkin lending outstanding in September rose 5.3% year on year to ¥681.9747 trillion. The rate of growth was unchanged from the previous month, remaining at a record-high level.

Full text unavailableWorking from the headline and excerpt

sources corroborateOutlets reporting the same event

companies linkedAcross 1 themes, second pass

The story

According to the Bank of Japan’s September lending and deposit data, average outstanding loans for banks and shinkin banks combined rose 5.3% year on year to ¥681.9747 trillion.

The rate of growth was unchanged from the previous month, while the outstanding balance continued to reach record highs.

At a glance

TimingSeptember

Total¥681.9747 trillion

Growth rateUp 5.3% year on year

Growth trendUp 5.3% year on year, unchanged from the previous month

Reference information. Every claim resolves to something the story actually named.