Japan's financial watchdog estimates that negative interest rates under the Bank of Japan's monetary easing policy will reduce profits for the country's three big banks by at least 300 billion yen ($2.96 billion) for the year through March 2017, the Nikkei business daily reports. According to analysts, the banks attempt to strengthen the capital base by reducing the risk assets could lead to the departure of suitable borrowers.




Photo: www.asianmirror.lk

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