New lending for real estate in Japan reaches record high in 2016
New lending by banks to the real estate sector in Japan in the April-September period was 7.706 trillion Yen (approx. 68.9 billion USD), up 14.7% from the same period in 2015 and exceeding levels seen during Japan’s bubble economy in the 1980s for the second year in a row.
Total new lending by banks and shinkin banks across all industries was 27.376 trillion Yen.Read more