百十四銀行 and 香川銀行 raised time deposit rates by 0.1%. The change applies to products such as Super Deposits and reflects the Bank of Japan's policy change and market interest rate movements.
百十四銀行 and 香川銀行 raised time deposit rates by 0.1% in response to changes in the Bank of Japan's monetary policy and movements in market interest rates. The increase applies to some products, including Super Deposits.
The increase was announced on the 2nd, according to reports. The two banks are 百十四銀行, based in Takamatsu, and 香川銀行, based in the same prefecture.
The measure is intended to stabilize funding by reviewing deposit terms. Further revisions could be made depending on future interest rate movements and actions by other financial institutions.
However, the article does not provide details on the specific rate application periods or conditions.