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MNI BRIEF: Japan Corp Loans To Rise Slightly In Coming Qtr-BOJ

(MNI) Tokyo
TOKYO (MNI)

Demand for financing by Japanese corporates is expected marginally higher in the coming quarter after it was unchanged in the quarter ended March, indicating firms did not see the need to increase funding despite high costs, according to the Bank of Japan’s quarterly survey of senior loan officers at 50 banks released on Thursday.

The index for fund demand expected for the next three months stood at +4, up from +3 in the previous survey.

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Demand for financing by Japanese corporates is expected marginally higher in the coming quarter after it was unchanged in the quarter ended March, indicating firms did not see the need to increase funding despite high costs, according to the Bank of Japan’s quarterly survey of senior loan officers at 50 banks released on Thursday.

The index for fund demand expected for the next three months stood at +4, up from +3 in the previous survey.