Japan’s bank lending increased 4.4% in December 2025, accelerating from a downwardly revised 4.1% growth in November and exceeding market expectations of a 4.1% gain. It marked the fastest growth since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥660.6 trillion. Major banks led the expansion with a 5.7% increase, followed by regional banks at 4.1%. Shinkin banks, local cooperative lenders serving small businesses and communities, recorded a more modest 1.4% rise, indicating softer credit demand in certain parts of the economy. source: Bank of Japan

The value of loans in Japan increased 4.40 percent in December of 2025 over the same month in the previous year. Loan Growth in Japan averaged 0.79 percent from 2001 until 2025, reaching an all time high of 6.70 percent in August of 2020 and a record low of -5.00 percent in October of 2002. This page provides the latest reported value for - Japan Bank Lending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Bank Lending - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

The value of loans in Japan increased 4.40 percent in December of 2025 over the same month in the previous year. Loan Growth in Japan is expected to be 4.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Bank Lending is projected to trend around 3.00 percent in 2027 and 3.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-07 11:50 PM
Bank Lending YoY
Nov 4.2% 4.1% 4%
2026-01-12 11:50 PM
Bank Lending YoY
Dec 4.4% 4.1% 4.1% 4.1%
2026-02-08 11:50 PM
Bank Lending YoY
Jan 4.4% 4.5% 4.6%


Related Last Previous Unit Reference
Central Bank Balance Sheet 677776.20 697949.00 JPY Billion Dec 2025
Deposit Interest Rate 0.23 0.23 percent Jan 2026
Interest Rate 0.75 0.75 percent Jan 2026
Bank Lending YoY 4.40 4.10 percent Dec 2025
Loans to Private Sector 581569.30 573359.00 JPY Billion Dec 2025
Money Supply M0 110802.00 110827.00 JPY Billion Dec 2025
Money Supply M1 1089787.20 1085071.80 JPY Billion Dec 2025
Money Supply M2 1278647.50 1276680.50 JPY Billion Dec 2025
Money Supply M3 1627116.50 1624400.10 JPY Billion Dec 2025
Purchases of Government Bonds 27321.00 3083.90 JPY Billion Jan 2026


Japan Bank Lending
In Japan, bank lending refers to the year-on-year change of all outstanding loans and discounts with banks and shinkin banks. Lending increases with increased business confidence and investment and it is an important indicator for the Japanese economy because of the weakness that has plagued the Japanese banking sector.
Actual Previous Highest Lowest Dates Unit Frequency
4.40 4.10 6.70 -5.00 2001 - 2025 percent Monthly

News Stream
Japan Bank Lending Growth Strongest Since 2021
Japan’s bank lending increased 4.4% in December 2025, accelerating from a downwardly revised 4.1% growth in November and exceeding market expectations of a 4.1% gain. It marked the fastest growth since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥660.6 trillion. Major banks led the expansion with a 5.7% increase, followed by regional banks at 4.1%. Shinkin banks, local cooperative lenders serving small businesses and communities, recorded a more modest 1.4% rise, indicating softer credit demand in certain parts of the economy.
2026-01-12
Japan Bank Lending Growth Above Forecasts
Japan’s bank lending rose 4.2% in November 2025, accelerating slightly from a 4.1% gain in October and exceeding market expectations for a 4% gain. That was also the fastest growth since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥652.5 trillion. Major banks led the expansion with a 5% increase, followed by regional banks at 4.1%. Shinkin banks, local cooperative lenders serving small businesses and communities, recorded a more modest 1.5% rise, indicating softer credit demand in certain parts of the economy.
2025-12-08
Japan Bank Lending Growth Tops Forecast
Japan’s bank lending rose 4.1% in October 2025, up from a 3.8% gain in September, matching the consensus forecast and marking the fastest pace since April 2021. Total outstanding loans across major, regional, and shinkin banks reached ¥650.8 trillion. Major banks led the expansion with a 4.9% increase, followed by regional banks at 4.2%. Shinkin banks, local cooperative lenders serving small businesses and communities, recorded a more modest 1.5% rise, indicating softer credit demand in certain parts of the economy.
2025-11-11