Japan Post Bank Raises Annual Earnings Outlook on Higher Policy Rates
Japan Post Bank revised up its annual earnings outlook, citing a higher-than-expected rise in policy interest rates as it restructures its yen interest-rate portfolio and improves investment efficiency.
TOKYO (dpa-AFX) - Japan Post Bank Co., Ltd (JPPTY, 7182.T) on Friday revised up its annual earnings outlook, citing a higher than expected rise in its policy interest rates as the company is on its way to restructure the yen interest rate portfolio and improve investment efficiency, or risk-adjuste…