Loan growth in Japan slowed to its lowest pace in a year, rising by just 2.7% year-on-year in October 2024, in line with market expectations. This marked a slight moderation from previous months, with loan growth unchanged from September’s level. Outstanding loans across Japan’s major, regional, and "shinkin" banks totaled ¥625.3 trillion. Major banks saw a 2.5% increase, while regional banks posted a stronger 3.3% rise. In contrast, "shinkin" banks experienced a more modest growth of 0.7%. source: Bank of Japan
The value of loans in Japan increased 2.70 percent in October of 2024 over the same month in the previous year. Loan Growth in Japan averaged 0.67 percent from 2001 until 2024, reaching an all time high of 6.70 percent in August of 2020 and a record low of -5.00 percent in October of 2002. This page provides the latest reported value for - Japan Bank Lending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Bank Lending - data, historical chart, forecasts and calendar of releases - was last updated on November of 2024.
The value of loans in Japan increased 2.70 percent in October of 2024 over the same month in the previous year. Loan Growth in Japan is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Bank Lending is projected to trend around 2.60 percent in 2025, according to our econometric models.