More Japanese Banks to Raise Short-Term Prime Rates
Tokyo, Jan. 28 (Jiji Press)--Three major Japanese banks said Monday that they will raise their short-term prime lending rates by 0.25 percentage point in March following Friday's decision by the Bank of Japan to increase interest rates. Mizuho Bank and Sumitomo Mitsui Trust Bank will raise their short-term prime to 1.875 pct and Resona Bank will hike its rate to 2.125 pct. MUFG Bank and Sum...
Tomas Kauer - News Moderator 
Tokyo, Jan. 28 (Jiji Press)--Three major Japanese banks said Monday that they will raise their short-term prime lending rates by 0.25 percentage point in March following Friday's decision by the Bank of Japan to increase interest rates. Mizuho Bank and Sumitomo Mitsui Trust Bank will raise their short-term prime to 1.875 pct and Resona Bank will hike its rate to 2.125 pct. MUFG Bank and Sum...
