Tuesday, July 31, 2007

UPDATE 2-MUFG, Mizuho post Q1 falls, stick to forecasts

(Reuters) - Although Japan's large banks are beginning to see some
benefit from rising interest rates, slack corporate demand for
credit and fierce competition have kept a lid on how much they
can charge borrowers.




The Bank of Japan began raising rates from zero last year,
ending more than half a decade of essentially free money.
Investors having been betting those rises will allow banks to
charge more for loans, even as they hold down the return paid to
depositors.


Read more at Reuters.com Market News

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