Bank Lending (YoY)

Bank lending, released by Bank of Japan, is the value of all outstanding loans with Japanese banks. It is important because lending increases with increased business confidence and investment. It is particularly insightful for the Japanese economy because of the weakness that has plagued the Japanese banking sector. The headline number is for total loans and discounts and is a percentage change from the previous year.

Next event - Thursday 9 April 2026 23:50

Previous
4.5%
Forecast
4.4%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Bank Lending (YoY) is 4.4%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Most recent - Sunday 8 March 2026 23:50

Previous
4.5%
Revised
4.4%
Forecast
4.4%
Actual
4.5%

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Bank Lending (YoY) was 4.5% against a forecast of 4.4%.

Past events

Date
Forecast
Actual
Sunday 8 March 2026 23:50
4.4%
4.5%
Sunday 8 February 2026 23:50
4.5%
4.5%
Monday 12 January 2026 23:50
4.1%
4.4%
Sunday 7 December 2025 23:50
4%
4.2%
Monday 10 November 2025 23:50
3.8%
4.1%
Thursday 9 October 2025 23:50
3.7%
3.8%
Sunday 7 September 2025 23:50
3.2%
3.6%
Thursday 7 August 2025 23:50
2.7%
3.2%
Monday 7 July 2025 23:50
2.3%
2.8%
Sunday 8 June 2025 23:50
2.4%
2.4%
Sunday 11 May 2025 23:50
2.8%
2.4%
Wednesday 9 April 2025 23:50
3.1%
2.8%
Sunday 9 March 2025 23:50
3.1%
3.1%
Sunday 9 February 2025 23:50
3.1%
3%
Monday 13 January 2025 23:50
3.1%
3.1%
Sunday 8 December 2024 23:50
2.6%
3%
Sunday 10 November 2024 23:50
2.7%
2.7%
Wednesday 9 October 2024 23:50
-
2.7%
Sunday 8 September 2024 23:50
3.2%
3%
Wednesday 7 August 2024 23:50
3.2%
3.2%
Sunday 7 July 2024 23:50
3.1%
3.2%
Sunday 9 June 2024 23:50
3.1%
3%
Thursday 9 May 2024 23:50
3.1%
3.1%
Tuesday 9 April 2024 23:50
3.1%
3.2%
Thursday 7 March 2024 23:50
-
3%
Wednesday 7 February 2024 23:50
3.2%
3.1%
Thursday 11 January 2024 23:50
2.7%
3.1%
Thursday 7 December 2023 23:50
-
2.8%
Wednesday 8 November 2023 23:50
2.8%
2.8%
Wednesday 11 October 2023 23:50
3.1%
2.9%
Thursday 7 September 2023 23:50
2.8%
3.1%
Monday 7 August 2023 23:50
3.1%
2.9%
Sunday 9 July 2023 23:50
-
3.2%
Wednesday 7 June 2023 23:50
3%
3.4%
Wednesday 10 May 2023 23:50
2.9%
3.2%
Tuesday 11 April 2023 23:50
3.6%
3%

Economic context

Recent economic data has been moderately bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Bank Lending (YoY) result:

PreviousLatest
Current Account n.s.a.Bullish change¥931B¥3932.7B
Labor Cash Earnings (YoY)Bullish change3%3.3%
Tankan Large All Industry CapexBearish change12.6%3.3%
Tankan Large Manufacturing IndexBullish change1617
Tankan Large Manufacturing OutlookBearish change1514
Large Retailer Sales(no change)3%3%
Retail Trade (YoY)Bearish change1.8%-0.2%
Retail Trade s.a (MoM)Bearish change4.1%-2%
Tokyo Consumer Price Index (YoY)Bearish change1.5%1.4%
Tokyo CPI ex Food, Energy (YoY)Bearish change1.8%1.7%
Tokyo CPI ex Fresh Food (YoY)Bearish change1.8%1.7%
Unemployment RateBullish change2.7%2.6%

About Bank Lending (YoY)

Country:Japan
Currency:JPY
Source:Bank of Japan
Category:Consumption
Frequency:Monthly
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