Abenomics drives Japanese banks’ first half results

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Abenomics drives Japanese banks’ first half results

Three of Japan’s banks reported first half results this week, with Abenomics once again driving profits. Mizuho Financial Group reported an impressive 133.2% leap in its net income for the first half of the financial year compared with last year, allowing it also to raise its full year profit forecast by ¥100bn ($1bn).

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