Overall bank lending in Japan surged a record 6.2 percent year-on-year in June of 2020, following a 4.8 percent increase in the prior month but below market expectations of a 7.2 percent gain. It was the highest growth rate on record and was due to a rise in fund demand from firms affected by the coronavirus pandemic.
Loan Growth in Japan averaged 0.16 percent from 2001 until 2020, reaching an all time high of 6.20 percent in June of 2020 and a record low of -5 percent in October of 2002. This page provides the latest reported value for - Japan Bank Lending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Bank Lending - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Bank of Japan
Loan Growth in Japan is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in Japan to stand at 2.40 in 12 months time. In the long-term, the Japan Bank Lending is projected to trend around 2.40 percent in 2021, according to our econometric models.