Japan Bank Lending Growth at Near 5-Year High
2026-04-10 00:35
By
Farida Husna
1 min. read
Japan’s bank lending rose 4.8% yoy in March 2026, slightly accelerating from 4.5% in the prior month and marking the strongest growth since April 2021, while exceeding market expectations of 4.4%.
Total outstanding loans across major, regional, and shinkin banks reached JPY 667.0 trillion.
Lending growth was driven by major banks, which expanded 6.3%, followed by regional banks (4.3%).
In contrast, shinkin banks, local cooperative lenders serving small businesses and communities, grew a more modest 1.4%, pointing to softer credit demand in parts of the economy.