ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Like Silicon Valley Bank, Japan's big lenders have been investing a lot of their depositors' money in securities, many of which are now losing value as interest rates climb. (Source photos by AP/Reuters)
Market Spotlight

SVB collapse hits Japanese banks harder than Chinese ones

Investors punish Asian lenders with big portfolios of interest rate-sensitive bonds

ECHO WONG and KENJI KAWASE, Nikkei staff writers | Japan

HONG KONG -- Recent turbulence in global markets has been hitting banks in Japan harder than those in China as investors punish lenders that have focused more on buying bonds than on making loans.

Japan's three leading lenders lost more than $20 billion in market value last week, while China's big four state-owned banks gained more than $30 billion in Hong Kong and Shanghai trading.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more