Moody’s latest report, this on the impact of the BOJ’s negative interest rate policy (NIRP) on Japanese banks
In very brief:
– Japanese banks will see only a limited deterioration in their profitability following the introduction of a negative interest rate policy (NIRP) by the Bank of Japan (BOJ) in late January, and the subsequent introduction of a so-called yield curve control policy in September
Moody’s: Japan banks to see only a limited deterioration in profitability with NIRP
