TOKYO: Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) is not considering introducing new fees on the deposit accounts of big companies, a spokesman for the lender said.
His comments follow a report by the Nikkei business daily earlier yesterday that said BTMU, a core unit of Japan’s largest lender Mitsubishi UFJ Financial Group, might charge such fees after the Bank of Japan’s (BoJ) surprise adoption of negative interest rates last week.
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