Since early autumn, the slowdown in overseas economies, the appreciation of the yen, and the flooding in Thailand have been affecting the economy, and Japan’s recent economic activity has been more or less flat. In such situation, the Bank published last week its latest economic outlook through fiscal 2013.
In the medium and long term, the post-pandemic world presents banks with new challenges but also with opportunities to overcome longstanding structural issues. In particular, the pandemic has accelerated customers’ adoption of digital channels.