Japan's loan demand increases at fastest pace since June 2009

11/11/2013 | Market News International

Total outstanding bank loans in Japan increased 2.3% in October, marking the biggest increase since June 2009, the Bank of Japan said. It was the 25th consecutive year-on-year increase in loan demand from corporate customers. The increasing demand for corporate funds from banks is coming mostly from nonmanufacturers, the central bank said.

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