Corporate loan demand in Japan declined in April, a Senior Loan Officer Opinion Survey from the Bank of Japan showed Tuesday.
The balance of demand for loans from firms fell to 1 from 6 in the prior quarter. The survey was conducted between March 10 and April 10 among 50 banks.
The index for demand expected for the coming three months fell to zero from 3 in the previous survey period.
Demand for loans from large firms dropped to zero from 4 in the prior period and that from medium-sized firms slid to 1 from 5. Demand from medium-sized firms came in at 1, down from 3.
The material has been provided by InstaForex Company – www.instaforex.com