Japanese banks hike BoJ deposits by 12%

Deposits at central bank hit three-year high at end-March, as lenders sought safe haven amid wider turmoil

At the end of March, Japanese banks recorded their highest amount of deposits at the Bank of Japan (BoJ) since at least 2020, a Risk Quantum analysis has found.

Across five banks analysed, deposits at the nation’s central bank rose from ¥220 trillion ($1.56 trillion) to ¥246 trillion in the first three months of 2023, a 12% rise which was the largest quarterly increase since at least 2019.



Mizuho Financial Group was the driving force, both in real terms and proportionally. The bank

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here