Bank equity reached 28,968 JPY bil in 2008 in Japan, according to the National Central Bank. This is 16.8 % less than in the previous year.
Historically, bank equity in Japan reached an all time high of 40,035 JPY bil in 2006 and an all time low of 24,056 JPY bil in 1997. When compared to Japan's main peers, bank equity in China amounted to 3,790 CNY bil, 2,892 RUB bil in Russia, 87,150 KRW bil in South Korea and 1,380 USD bil in USA in 2008.
Japan has been ranked 5th within the group of 97 countries we follow in terms of bank equity, 4 places behind the position seen 10 years ago.
Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.