SLIDE 3 2
10,000 20,000 30,000 40,000 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
0% 5% 10% 15% 20%
Financial System Reform Act
<$3k $3k< <$10k $10k< $30k< Development stage: banking business with a focus on loan / deposit
Expansion stage: expansion of product lineup
Growth stage: globalization
Maturity stage: enhancement
Deregulation of domestic investments from foreign investors Report released by Japan-US Yen-Dollar Committee Full liberalization of deposit interest rate Lifting of ban on mutual entry into bank, trust bank, and securities Big Bang Full revision of Foreign Exchange and Foreign Trade Control Law Full liberalization of foreign exchange Lifting ban on financial holding companies Liberalization of overseas capital transactions Plaza Accord Indonesia ｲﾝﾄﾞ China (avg.) China's coastal areas* Tokyo Olympics Osaka Expo Opening of Tomei and Meishin Expressway Thailand Malaysia Korea Taiwa n Singapore Vietnam Philippines Myanmar India Hong Kong Demographic Bonus Demographic Onus High growth Low growth Stable growth
"Oil Shock"
Bubble
Cambodia
: GDP per capita : GDP growth rate
Asian Market from the Viewpoint of Japanese Financial History
Asia consists of various countries which vary in economic fundamentals, regulations, and financial development. It is essential to consider the stage each country is at for developing strategies and business plans.
History of Japanese banks, GDP growth rate, and GDP per capital (2010)
(National Bureau of Statistics of China) (Source: IMF and Cabinet Office) *Shanghai in 2009
GDP growth rate GDP per capita (USD)
