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2 Min Read TOKYO, May 11 (Reuters) - Two regional banks in Japan’s northern prefecture of Aomori said they were considering consolidating their businesses, joining a flurry of lenders seeking to survive amid narrowing margins from a rapidly ageing population and ultra-low interest rates. Aomori Bank and Michinoku Bank, both listed lenders based in Aomori, said in a statement on Tuesday they were “considering” a business consolidation. The statement came in response to a report by public broadcaster NHK on Monday they were in talks to consolidate, a move that would give them a 70% share in the prefecture. “Regional banks are facing a difficult business environment,” Finance Minister Taro Aso told reporters, when asked about the reported talks.

Japan generalYoshifumi takemotoLeika kiharaJacqueline wongYoshihide sugaThomson reuters trust principlesMichinoku bankAomori bankMinister taro asoMinister yoshihide sugaThomson reuters trustஜப்பான் ஜநரல்ஜாக்குலின் வோங்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்அமரி வங்கிஅமைச்சர் டாரோ அசோ