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BOJ says Japan's banking system stable, warns of risks

Business & Finance

By Reuters Staff1 Min ReadTOKYO, Oct 21 (Reuters) - Japan’s banking system remains stable as a whole but faces risks such as a possible increase in financial institutions’ credit costs caused by a delay in the country’s economic recovery, the Bank of Japan (BOJ) said on Thursday.The central bank must also be vigilant to the risk financial institutions could see their securities investment portfolio deteriorate in the event of a rapid market adjustment, the BOJ said in a semi-annual report analysing Japan’s banking system. (Reporting by Leika Kihara; Editing by Christian Schmollinger)Our Standards: The Thomson Reuters Trust Principles.

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