Tokyo, Sept. 9 (Jiji Press)–Mizuho Bank said Wednesday it will raise its long-term prime lending rate by 0.15 percentage point to 3.4 pct, its highest level in about 30 years, effective on Thursday. The long-term prime rate serves as a benchmark for loans of one year or longer to large companies. The increase reflects rising long-term interest rates in Japan. END [Copyright The Jiji Press, Ltd.]
Mizuho Bank to Raise Long-Term Prime Rate to 30-Year High
Related Posts
Heavy Rain Hits Wide Areas of Japan
Tokyo, Sept. 9 (Jiji Press)–Heavy rain struck areas stretching from the Tohoku northeastern region to the Chugoku and Shikoku western regions of Japan on Wednesday morning due to the impact of a weather front and a tropical cyclone near Shikoku. The front
Governor Promotes Hiroshima’s Oysters, Sake in London
London, Sept. 8 (Jiji Press)–Hiroshima Governor Mika Yokota promoted the prefecture’s oysters and sake at an event in London on Tuesday, expressing her desire to boost exports to Britain and deepen friendship and business relations between Hiroshima and the European country through
