Thursday , 14 November 2024
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BoJ’s Uchida: Financial institutions, authorities must be ready for any sudden outflow of deposits

Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Thursday, “financial institutions, authorities must be ready for any sudden outflow of deposits given digitalization, advances in it.” Additional quotes Growing presence of non-bank financial institutions warrants attention, as they account for almost half of financial inter mediations globally.

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