Japan’s banking regulator is surveying regional lenders on how local businesses are coping with new restrictions to contain COVID-19, as it seeks to forestall a spike in bankruptcies, sources told Reuters. While policymakers stress Japan’s banking system remains stable as a whole, the survey by the Financial Services Agency underscores concern over the prolonged and widening damage the coronavirus pandemic is inflicting on companies and banks.
Business & Finance
Reuters exclusively reports Japan bank regulator surveying impact of coronavirus restrictions on local economies
08 February 2021, 2:59 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: Japan
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story