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Finance

Global borrowers start looking to Japan's lenders

TOKYO -- Overseas companies are stepping up efforts to raise funds in Japan as conditions are favorable to borrow money at low costs.

With Japan's banks having excess liquidity, opportunities for overseas companies to get low-cost loans are rising.

     Japan's banks raised slightly more than $2.6 billion in fiscal 2015, with the number of deals standing at 14, unchanged from a year earlier. After the Bank of Japan's negative interest rate policy took effect in mid-February, four deals happened in March, the highest for a single month in seven years.

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