FILE PHOTO: The Japanese national flag flies at the Bank of Japan building in Tokyo, Japan March 18, 2024. REUTERS/Kim Kyung-Hoon/File Photo
TOKYO, April 21 : Japan’s financial system maintains overall stability, but it’s necessary to monitor the impact of developments in the Middle East and the rising activities of foreign non-banks, the central bank said on Thursday.
“Stress affecting non-banks in terms of credit or liquidity could more easily spill over to banking sectors across multiple jurisdictions,” the Bank of Japan said in its report on the financial system.