Bank profit & loss provisions reached 1,643,036 JPY mil in 2008 in Japan, according to the National Central Bank. This is 215 % more than in the previous year.
Historically, bank profit & loss provisions in Japan reached an all time high of 8,630,000 JPY mil in 1997 and an all time low of 240,000 JPY mil in 1990. When compared to Japan's main peers, bank profit & loss provisions in Russia amounted to 447,489 RUB mil, 10,112,000 KRW mil in South Korea and 191,944 USD mil in USA in 2008.
Japan has been ranked 5th within the group of 60 countries we follow in terms of bank profit & loss provisions, 4 places behind the position seen 10 years ago.