Japanese banks have sufficient capital bases and stable funding bases to withstand significant stressesThat includes situations equivalent to the global financial crisis that would cause major corrections in financial marketsHowever, uncertainties remain high regarding the formulation of economic policies in each jurisdiction, geopolitical risks and developments in global financial marketsFinancial institutions need to be vigilant against the materialisation of various risksFull report
The overall assessment remains as it was in April. So, there’s not really anything new here to scrutinise with the BOJ maintaining that the current level of uncertainty impacting the financial system staying heightened.
This article was written by Justin Low at investinglive.com.