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BOJ aimed to work with government in regional bank scheme, minutes show Reuters 16 hrs ago By Takahiko Wada and Leika Kihara © Reuters/Kim Kyung Hoon FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo By Takahiko Wada and Leika Kihara TOKYO (Reuters) - The Bank of Japan s scheme to incentivise consolidation among regional banks was meant to show it was working alongside the government to tackle problems in the country s banking system, minutes of the deliberations showed. The BOJ unveiled a scheme in November that pays 0.1% interest to regional banks that consolidate or take steps to boost profitability, a move critics saw as a risky deviation into industrial policy.

Masazumi wakatabeLeika kiharaJacqueline wongYoshihide sugaHitoshi umedaKunio okinaKim kyung hoonMasayoshi amamiyaTakahiko wadaOtsuma women universityChiba kogyo bankPrime minister yoshihide sugaChiba kogyoOtsuma womenஜாக்குலின் வோங்கிம் கியுங் ஹூன்