12  14  16  18  20  22  24  26  28  0 FY06  08  10  12  14  16  18  20  22  24  Chart 14  Comparison with Negative Policy Rate Countries Factors in their Changes  Gross Operating Profit ROAs 3.5  %  1.6 Japan  Euro area  Switzerland  Sweden  1.2  Net non-interest income  0.8  Interest payments on corporate bonds, borrowings, etc.
Lately, among the generally gloomy reporting on the state of the economy, we have observed some positive signs emanating from market developments and confidence indicators suggesting that the economy is stabilising.