Japanese regional lenders will be well able to weather even 'large' losses on their foreign bond portfolios thanks to strong capital buffers, a senior banking regulator official said, rebuffing concerns fuelled by U.S. banking woes.
Women walk under a sign of Japan's Financial Services Agency in Tokyo, Japan June 29, 2017. Picture taken June 29, 2017. REUTERS/Issei Kato
Those strong capital buffers, in tandem with a deposit base that comes largely from households, mark Japan's tens of regional lenders as different from the failed Silicon Valley Bank , said Toshinori Yashiki, deputy director-general at Japan's Financial Services Agency. Analysts at SMBC Nikko Securities calculated unrealized foreign bond losses at over 70 listed Japanese regional banks totalling 1.4 trillion yen at the end of last year, the worst in decades for global bond markets.
He also said he saw no immediate need to review Japan's regulatory framework as Japanese banks have grown resilient with significantly improved asset quality.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Japan’s PM Kishida: Aiming to narrow wage gaps between Japan and overseasJapanese Prime Minister Fumio Kishida is making some comments on the country’s wage outlook this Wednesday. Key quotes “Aiming to narrow wage gaps bet
Lire la suite »
Netflix Unveils First Look at Japanese Sumo Series ‘Sanctuary’The show explores the gritty underbelly of Japan's professional sumo wrestling tradition, following a juvenile delinquent who becomes a sumo apprentice.
Lire la suite »
Famed Japanese Toy Company Good Smile Has Reportedly Propped Up 4chan for YearsGood Smile reportedly put $2.4 million into 4chan, a move which may just end its incredibly lucrative deal with Disney.
Lire la suite »
These newly discovered bioluminescent sea worms are named after Japanese folkloreAwe-inspiring science reporting, technology news, and DIY projects. Skunks to space robots, primates to climates. That's Popular Science, 145 years strong.
Lire la suite »
Japanese Surfer, 89, Still Plans To Be Catching Waves At 100Seiichi Sano has just been honored by Guinness World Records as the oldest male to surf.
Lire la suite »
Japanese surfer nears 90 and talks of catching waves at 100“I don't consider myself an old man,” said Seiichi Sano, who turns 90 later this year. “I have never thought of myself as an old person. I always feel that I can still move forward. I can still do it. I can still enjoy it.”
Lire la suite »