BANK OF JAPAN DIRECTS LOANS TOWARDS GROWTH SECTOR
The bank of japan is straying into uncommon territory with a new lending facilities that encourages banks to provide loans to targeted growth sector .
The central bank program is aimed at reversing declining bank lending and helping to boost activity in the corporate sector and in the economy as a whole . Three of japans largest banks said they will tap funds from new BOJ facility ,announced by centrak bank in june .
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