Japan regional banks face thinning buffer against high costs, low interest rates
Blog Blog Blog Blog 2 May, 2021 Author Yuzo YamaguchiFrancis Garrido Some of Japan's regional banks may be forced to consolidate to survive, a consideration many have long been resistant to, as more banks are no longer earning sufficient income to cover operating expenses. Among 34 Japanese regional banks that reported revenue and expenses data for the three months ended Dec. 31, 2020, four had their quarterly expenses exceed net interest income, according to S&P Global Market Intelligence. Sixteen other lenders reported net interest income-to-opera...