Japan's big 4 banks increase new mortgages by 27 pct in April-Dec - 2004-01-25
Japan's top four banks -- Mizuho Bank, Sumitomo Mitsui Banking Corp, Bank of Tokyo-Mitsubishi and UFJ Bank -- increased their new mortgage loans 27 pct, or 930 bln yen, year-on-year to 4.3 trln yen in April-December, the Nihon Keizai Shimbun revealed, without citing sources.
The four banks began offering new types of housing loans and stepped up marketing via real estate firms, the newspaper said, adding that the banks also picked up the slack created by the government-affiliated Housing Loan Corp.
Read the full story at Interactive Investor International