Nanto Bank of Nara raised time deposit interest rates on the 2nd, increasing the rate for 1-year deposits by 0.1 percentage points. The move is attributed to the Bank of Japan’s review of its policy rate.
Nanto Bank raised interest rates on time deposits, including Super Time Deposit, on the 2nd.
The interest rate on products with a 1-year term will rise by 0.1 percentage points. The move is attributed to reports of a review of the Bank of Japan’s policy rate.
The development indicates that regional financial institutions have revised their interest rates, and further information may be released.