Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Latest
Trending
Latest stories
Europe
Categories
Programmes
Featured
World
Categories
Programmes
Featured
EU Policy
Business
Categories
Programmes
Featured
Travel
Categories
Programmes
Next
Categories
Programmes
Featured
Culture
Categories
Programmes
Green
Categories
Programmes
Featured
Health
Categories
Programmes
Euroviews
Videos
More
Special coverage
Partner content
Services
Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Find Us
Flipboard Instagram Linkedin
Advertisement

BOJ official warns of rise in property-sector lending

BOJ official warns of rise in property-sector lending
FILE PHOTO: Bank of Japan (BOJ) Financial System and Bank Examination Department Director-General Kimihiro Etoh poses for a photo before an interview with Reuters at the BOJ headquarters in Tokyo May 27, 2014. REUTERS/Toru Hanai -  Copyright  Toru Hanai(Reuters)
Copyright Toru Hanai(Reuters)
By Reuters
Published on
Share this article Comments
Share this article Close Button

TOKYO (Reuters) - Japan's property market has yet to show signs of over-heating but warrants attention as financial institutions are increasing their lending to the sector, a senior central bank official said on Wednesday.

"Japan is not showing signs of excessive risk-taking, such as those seen during the bubble period in the late 1980s," BOJ Executive Director Kimihiro Etoh said in a speech at an annual meeting of credit unions.

"But there are some changes that warrant attention," he said, pointing to an increase in the ratio of financial institutions' lending to gross domestic product (GDP).

(Reporting by Leika Kihara; Editing by Chris Gallagher)

Go to accessibility shortcuts
Share this article Comments

Read more