BOJ’s low-rate policy not behind megabank’s fee moves: Aso

BOJ’s low-rate policy not behind megabank’s fee moves: Aso

TOKYO (Reuters) – Japanese Finance Minister Taro Aso said on Friday that he did not believe the central bank’s negative interest rate policy was behind a megabank’s decision to consider implementing fees on various banking services.

Aso made the comment after the business daily reported that Mitsubishi UFJ Financial Group (MUFG) was considering fees on dormant accounts and other services.

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Source : Reuters Link

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