April 30, 2020 / 7:55 AM / a month ago

BOJ aiming to create new lending scheme before scheduled rate review in June

TOKYO, April 30 (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Thursday the central bank will aim to create a scheme rewarding financial institutions to boost lending to small firms, before its next policy-setting meeting in June.

At Monday’s rate review, Kuroda instructed his staff to work on a new scheme aimed at encouraging financial institutions to boost lending to small firms via government lending programmes.

His latest remark suggests the BOJ could hold an unscheduled policy-setting meeting, before a scheduled one on June 15-16, to create the lending scheme. (Reporting by Leika Kihara; Editing by Alison Williams)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below