Abe Loan Push Impeded by Companies Hoarding Cash: Japan Credit
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Japanese banks are the most keen to lend companies money in 17 years. Corporate treasurers don’t need the cash.
A Bank of Japan index measuring the prevalence of mid-sized companies saying banks are willing to make loans rose to 19 in March, the highest since June 1997, according to Tankan data. Yet demand for loans from businesses remains below levels before the global financial crisis, other central bank data show.