Fitch日本银行体系研究报告2010.pdf

Banks  Japan  The Japanese Banking System  Special Report  Ratings  Summary  Risk Indicators Despite its rapid liberalisation in the 1990s from its heavily regulated and protected Banking System Indicator C post‐war status, the globalisation of the Japanese banking sector has only just Macro‐Prudential Indicator 1  begun. The sector is still dominated by domestic banking institutions, and the presence of international banks remains limited. The domestic market is heavily Analysts  fragmented, with close to 2,000 deposit‐takers. Competition is therefore severe Chikako Horiuchi and is expected to intensify further, given the natural shrinkage in the market size +81 3 3288 2972 due to an aging society. However, consolidation within the banking sector has been chikako.horiuchi@ gradual to date and Fitch Ratings expects it to remain slow, although the agency Reiko Toritani believes that the Japanese regional banks and cooperatives would benefit from +81 3 3288 2673 further consolidation. reiko.toritani@ Jonathan Cornish Since the publication of the last Banking System report, dated 26 October 2007, the +852 2263 9901 banking system globally has faced one of its most testing periods: the subprime jonathan.cornish@ crisis in 2007, the bankruptcy of Lehman Brother