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Event Brief

Four major Japanese banks to hike deposit interest rates

MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank, and Sumitomo Mitsui Trust Bank are increasing ordinary deposit interest rates.
WHO: MUFG Bank, Sumitomo Mitsui Banking, Mizuho Bank, Sumitomo Mitsui Trust Bank
WHAT: Hiking ordinary deposit interest rates
WHEN: Dec 19, 2025 at 7:00 PM ET
WHERE: Japan
WHY: To enhance competitiveness and attract more deposits
Sources (1): Japan Times

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