Negative rates seen reducing Japan big banks’ profits by 300 bln yen-Nikkei

5 months ago Comments Off on Negative rates seen reducing Japan big banks’ profits by 300 bln yen-Nikkei

TOKYO, Aug 13 (Reuters) – Japan’s financial watchdog estimates that negative interest rates under the Bank of Japan’s monetary easing policy will reduce profits for the country’s three big banks by at least 300 billion yen ($ 2.96 billion) for the year through March 2017, the Nikkei business daily reported on Saturday.


Reuters: Financial Services and Real Estate