Wednesday, August 8, 2007

Japan July outstanding bank loans +0.3 pct yr/yr

Aug 8, 2007 - The balance of outstanding loans held by most Japanese banks rose 0.3 percent in July from a year earlier, Bank of Japan data showed on Wednesday.

Loans held by the country's four main categories of banks, including "shinkin" credit unions, stood at 448.3902 trillion yen ($3,774 billion). Excluding special factors such as loan write-offs, the loan balance rose 1.1 percent from the same month a year earlier.

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