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BoJ: Japan's financial system has been maintaining stability as a whole

The Bank of Japan (BoJ) published its lat4est report on the Japanese financial system, with the key headlines found below.

Expansionary phase of the financial cycle continues but no sign of overheating.

Japan's financial system has been maintaining stability as a whole.

Banks' profit are fairly high, interest income is trending down.

Harder for banks to profit by increasing risk assets.

Banks must raise core profitability to keep system stable.

Banks have sufficient capital and loss-absorbing capacity.

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