Murai, Taiki; Schnabl, Gunther - In: Credit and Capital Markets – Kredit und Kapital 54 (2021) 1, pp. 1-16
-interest rate environment, which fundamentally changed the business environment for the Japanese commercial banks. On the income … side, with interest margins becoming increasingly depressed, net interest revenues declined, which forced the banks to … expand revenues from fees and commissions. The banks had to cut costs by reducing the number of employees, closing branches …
