BOJ Squeeze on Bank Loan Profits Puts Focus on Bond Business (1).

Loan balances at Mitsubishi UFJ Financial Group Inc. and its four so-called city bank peers fell by 0.1 percent from a year earlier to 190.5 trillion yen ($1.75 trillion) as of March 31, the first decline in six years, data from the Japanese Bankers Association show. Banks make an average of a 24 basis-point margin between the interest they pay on deposits and receive on loans, according to the Japanese Bankers Association. [Extracted from the article]