5 Major Japanese Banking Groups' Net Profits Jump in 1st Half
Tokyo, Nov. 14 (Jiji Press)--Five major Japanese banking groups saw their combined consolidated net profits soar 40.1 pct from a year before to 2,796.5 billion yen in the fiscal first half ended in September as the Bank of Japan's interest rate increase helped improve lending margins.
Their profitability was also boosted by growing fee revenues from asset management and other financial services and gains from the sale of cross-held shares.
(2024/11/14-22:03)
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