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Japan financial system unlikely to see big impact from SVB collapse - gov't spokesman

Reuters
2023.03.13 02:23
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TOKYO, March 13 (Reuters) - Japan’s financial companies are unlikely to see a big impact from the collapse of Silicon Valley Bank in the United States, the chief government spokesman said on Monday. Japan’s financial institutions are supported by sufficient liquidity and capital bases overall, Chief Cabinet Secretary Hirokazu Matsuno told reporters.

TOKYO, March 13 (Reuters) - Japan’s financial companies are unlikely to see a big impact from the collapse of Silicon Valley Bank in the United States, the chief government spokesman said on Monday.

Japan’s financial institutions are supported by sufficient liquidity and capital bases overall, Chief Cabinet Secretary Hirokazu Matsuno told reporters.

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