TOKYO -- Total earnings at Japanese banks would likely improve if domestic interest rates climbed by 1 percentage point, with favorable yield spreads outweighing temporary losses on bond holdings, a report released Friday by the Bank of Japan shows.
Finance
Japan bank profits would rise under 1-point rate increase, says BOJ
Report shows major lenders benefiting sooner from higher interest income
Large banks will have an easier time earning money in a high interest rate environment, the BOJ said. © Reuters
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