Tag: loan margins
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MUFG’s first-quarter profit climbs 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, as strong loan demand linked to the end of deflation in Japan has boosted earnings across the sector.Japan’s largest lender by assets generated 809.4 billion yen ($5.2 billion) in net profit in
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MUFG’s first-quarter profit soars 48% on higher loan margins
TOKYO, Aug 3 : Mitsubishi UFJ Financial Group booked a 48 per cent jump in first-quarter profit, it said on Monday, joining rivals in seeing earnings jump in the period as loan demand stayed strong despite volatile global markets.Japan’s largest lender by assets generated 809.4 billion yen ($5.2 billion) in
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