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BOJ faces unhappy banks amid policy move

  Bloomberg As well as a surging yen, non-existent inflation and a weak economy, Bank of Japan Governor Haruhiko Kuroda has something else to think about when deciding monetary policy this week— unhappy banks. Japan’s biggest lender, Bank of Tokyo-Mitsubishi UFJ Ltd, has led the way in voicing concerns about the negative interest-rate regime introduced by Kuroda earlier this year. ...

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PKO plan to bid for Raiffeisen’s Polish unit

  Bloomberg Poland’s largest lender PKO Bank Polski SA is planning to bid for Raiffeisen Bank International AG’s unit in the country, as the state-run company seeks to reinforce government efforts to boost domestic ownership of the financial industry, according to a person familiar with the process. Raiffeisen’s Polish assets, including its corporate banking unit, wouldn’t overlap much with PKO’s ...

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Nigeria delays bank capital rules to avoid recession

  Bloomberg Nigeria plans to delay new capital rules for banks as regulators in Africa’s biggest economy follow fellow oil producer Kazakhstan in trying to boost lending and avoid a recession. The Central Bank of Nigeria in 2014 ordered the country’s lenders it considered too big to fail to boost minimum capital adequacy ratios to 16 percent from 15 percent ...

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