For Japan’s loan-starved banks, BOJ’s big bang carries risk

When the Bank of Japan announced its go-for-broke bid to shock the economy out of two decades of stagnation, it also put the nation’s banks on notice to find a money-hungry borrower other than the government itself.

Since the late 1990s, Japan’s banks have relied on increasing purchases of Japanese government bonds (JGBs) to make up for falling demand for loans from Japan’s risk-averse businesses and individual borrowers.

via Business feed http://www.scmp.com/business/banking-finance/article/1212088/japans-loan-starved-banks-bojs-big-bang-carries-risk