August 13, 2012

Japanese banks increasing loans to buy assets in Europe

"Sumitomo Mitsui Trust Holdings Inc Japan's fourth-biggest bank by market value, plans to expand overseas loans by 32 percent this year as it buys assets from European lenders.."

Source: Sumitomo Mitsui Trust Targets 32% Increase In Overseas Loans
By Shigeru Sato and Takako Taniguchi
Jun 20, 2012
Bloomberg

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