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Asia, News

Japan FSA head Endo says banks’ priority now is to support borrowers

TOKYO, July 3 (Reuters) – Japan’s Financial Services Agency head, Toshihide Endo, said on Friday the priority for the country’s private financial institutions now was to give firms some “breathing space” by supporting their funding.

But Endo said there was no change to the fact that Japan’s regional banks must reform their business models in the long run. (Reporting by Leika Kihara Editing by Chang-Ran Kim)

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