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Market Chatter: Japanese Bank Reviews Financing for Defense Companies

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A top Japanese bank is weighing a cautious shift towards financing defense and security companies following a change in the government's policy on weapons exports, Nikkei Asia reported Thursday, citing a person familiar with the matter.

One Japanese bank is currently evaluating whether to process loans linked to weapons businesses, given Japan's security and growing geopolitical tensions.

The discussions follow the government-owned Development Bank of Japan's decision last month in May to lift restrictions on loans to domestic arms manufacturers.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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