TOKYO, March 15 (Reuters) - Japan's banking sector won't
face incidents similar to the collapse of U.S. lender Silicon
Valley Bank due to differences in the structure of bank
deposits, Finance Minister Shunichi Suzuki said on Wednesday.
"Japan's financial system is stable as a whole," as banks
have sufficient capital buffers against risks, Suzuki, who is
also the minister overseeing the banking sector, told
parliament.
(Reporting by Leika Kihara
Editing by Shri Navaratnam)
Messaging: leika.kihara.reuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.