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12.10.202623:50:00UTC+00Japan’s Bank Lending Growth Eases Slightly in September, Signaling Mild Credit Cooldown

Japan’s bank lending growth edged down in September 2026, suggesting a modest cooling in credit expansion across the economy. Year-over-year lending rose 5.3% in September, easing from a 5.4% increase in August, according to data updated on 12 October 2026.

The figures are based on a year-over-year comparison, with the current reading reflecting the change in bank lending in September 2026 relative to September a year earlier. The previous figure for August 2026 was similarly measured against lending levels in August of the prior year. While the slowdown is marginal, the data indicate that lending momentum, though still solid, may be stabilizing after a period of stronger growth.

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