Jan
13
Aozora Bank to Boost Loans in Europe in Bid for Higher Returns
By-
Lender’s London unit to start operations as soon as March
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Attracted by `stable’ funding costs in euros versus dollar
Aozora Bank Ltd., the Japanese lender that repaid a taxpayer bailout last year, plans to increase loans in Europe to borrowers including lower-rated companies as economies in the region recover and dollar funding costs rise.
The Tokyo-based bank will make the loans through its new London unit, which openedin December and will be running as soon as March, Hideaki Kuraishi, head of the international finance division, said in an interview on Jan. 6…
Aozora Bank to Boost Loans in Europe in Bid for Higher Returns
