Costs of bank liabilities reached 0.584 % in 2008 in Japan, according to the National Central Bank. This is 23.3 % less than in the previous year.
Historically, costs of bank liabilities in Japan reached an all time high of 5.79 % in 1990 and an all time low of 0.268 % in 2003. When compared to Japan's main peers, costs of bank liabilities in Russia amounted to 5.23 %, 4.16 % in South Korea and 2.11 % in USA in 2008.
Japan has been ranked 55th within the group of 55 countries we follow in terms of costs of bank liabilities, 21 places behind the position seen 10 years ago.