Japan

The bank did not further expand the the asset purchase program or lending program at the latest monetary policy meeting.

Mizuho has also arranged a number of other cross-border syndicated loans for its clients in the Americas last year.

Moody’s reduction to the country’s debt grade was the first in nine years.

Japan Money Express has formally started its operation to provide reliable service to the Nepalese people working in Japan through its 400 agents in Nepal.

The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.

Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.

This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.

But Japanese banks should have little problem getting their tier 1 capital up to 7% through profits, says Fitch.

Shinsei Bank will open a new “Shinsei Consulting Spot” in Urawa, Saitama-shi, Saitama Prefecture.

Aozora Bank achieved an annual consolidated business profit of 37bn yen, up 10.5% or 3.5bn yen year-on-year.

The Bank of Japan will inspect whether commercial banks have sufficient risk-management systems and respond appropriately amid computer-system malfunctions.

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Japan quake, tsunami, and nuclear crisis has negative implications on heavy-equipment manufacturers.

A computer system malfunction brought Mizuho Bank's number of unprocessed transaction at 910,000.

The lender also named Jasjit Bhattai as deputy president coinciding the delegation of its first female CFO.

The move will give way for the bank to invest Japanese pension money fast growing Asian economies.