- Japanese banks have sufficient capital bases and stable funding bases to withstand significant stresses
- That includes situations equivalent to the global financial crisis that would cause major corrections in financial markets
- However, uncertainties remain high regarding the formulation of economic policies in each jurisdiction, geopolitical risks and developments in global financial markets
- Financial institutions need to be vigilant against the materialisation of various risks
- Full report
The overall assessment remains as it was in April. So, there's not really anything new here to scrutinise with the BOJ maintaining that the current level of uncertainty impacting the financial system staying heightened.
